Malaria Consortium US Inc

Analysis

Malaria Consortium US Inc is a registered charity in United States, based in Hermitage, PA. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 March 2024, Malaria Consortium US Inc reported income of $7.5m and spending of $6.5m, spending 86% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.7m to $7.5m (+347%), an average of +45% a year. The sharpest change came in the year to March 2021, when income rose by 305%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Malaria Consortium US Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include Western Institute for Veterans Institute ($7.5m), Champions of the Community Inc ($7.6m) and Peacehealth Southwest Medical Center Foundation ($7.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $10.3m against liabilities of $0, net assets of $10.3m.