Malibu Foundation for Youth and Families

Analysis

Malibu Foundation for Youth and Families is a registered charity in United States, based in Malibu, CA. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Malibu Foundation for Youth and Families reported income of $2.3m and spending of $2.6m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.3m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 184%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Malibu Foundation for Youth and Families sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Boys & Girls Club of Athens Inc ($2.3m), James L McKeown Boys and Girls Club of Woburn Inc ($2.3m) and Kids Rethink New Orleans Schools ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $133k (5.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.3m against liabilities of $160k, net assets of $1.2m. It reported 46 employees.