Malagasy Foundation in Environment Tany Meva

Analysis

Malagasy Foundation in Environment Tany Meva is a registered charity in United States, based in Madagascar. It received its IRS tax-exemption ruling in December 1997, 29 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Malagasy Foundation in Environment Tany Meva reported income of $5.3m and spending of $1.2m, leaving 77% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $5.3m (+102%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 730%. Over the whole period it spent 72% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Malagasy Foundation in Environment Tany Meva sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile. Charities of a similar size with the same main cause include Citizens for Responsible Energy Solutions Forum ($5.3m), Missouri Prairie Foundation ($5.3m) and Harlem Grown Inc ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $19.7m against liabilities of $700k, net assets of $19.0m.