Malala Fund is working toward a world where all girls can learn for 12 years and lead without fear.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$1.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990-TIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-T
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $5.2M a year · 19% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
8 mo
of spending, in cash
Plus $28.7M in investments, Pt X · Ln 11–13
Looks good: 7.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $6K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$14.5M
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$55.8M
+92% vs prior year
Spent
$26.6M
To programs
85%
Net assets
$57.0M
By yearFY2021–FY2025
Revenue
$55.8M
FY2023▲ +92%
Tap a bar for its year
Revenue by fiscal year
FY2021$16.3M
FY2022$29.1M
FY2023$55.8M
FY2024$17.2M
FY2025$15.3M
Expenses
$26.6M
FY2023▲ +28%
Tap a bar for its year
Expenses by fiscal year
FY2021$11.1M
FY2022$20.8M
FY2023$26.6M
FY2024$26.3M
FY2025$23.0M
Net assets
$57.0M
FY2023▲ +99%
Tap a bar for its year
Net assets by fiscal year
FY2021$20.9M
FY2022$28.7M
FY2023$57.0M
FY2024$49.8M
FY2025$43.0M

From the FY2023 Form 990 (year ending March 2023) · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2016.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $22.7M Management & general 9% · $2.4M Fundraising 6% · $1.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

18 people listed on the 990-T; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
CEO (until 1/3/2023)
$351,389Pt VII · Sec A
Acting CEO / Cdo
$159,197Pt VII · Sec A
Chief Account. & Impact Officer
$138,783Pt VII · Sec A
Controller
$138,019Pt VII · Sec A
Chief of Global Advocacy
$135,460Pt VII · Sec A
Chief Comms. and Creative Officer
$135,166Pt VII · Sec A
Chief of Country Prog. & Advocacy
$129,499Pt VII · Sec A
Secretary & COO (until 8/26/2022)
$113,336Pt VII · Sec A

Lena Alfi’s $333K as Chief Executive Officer is at the 71st percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Suzanne Ehlers——$351,389$309,406$270,302
Lena Alfi$333,103$257,921$159,197$150,877$117,454
Erin Hohlfelder$295,603$178,788———
Humaira Wakili$223,887$139,500———
Anjali Singh-Code$203,248————
McKinley Tretler$198,647————
Julius Dasmarinas$188,514————
Maliha Khan See Schedule O———$182,706$188,384

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See The Malala Fund executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Advocates for girls' education and leadership globally.

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Provided by the organization

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1 program · $22.7M · in their own filed words · FY2022
01

Founded by malala and ziauddin yousafzai in 2013, we champion every girl's right to 12 years of free, safe, quality education. Together with our board, leadership council, donors, staff, champions and girl activists, malala fund is creating a more equal world by making sure all girls can go to school.

$22.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$6K
Grants paid · 28 grants · $3.3M · 2020–2024
Defaw INCCA · FY2024$250,000
Wartists INCVA · FY2024$150,000
Players Philanthropy FundMD · FY2024$135,000
Too Young to WedNY · FY2023$150,000
Learn Afghan INCAZ · FY2023$130,000
AneraDC · FY2023$100,000
Unitemized GrantFY2023$50,000
Afghans Empowered CorpCA · FY2023$20,000
See all 28 grants →

By the numbers

The FY2023 990-T, line by line.

1The main four
Money in
$55.8M
Gifts and grants$55.3M
Investment income$498K
Other income$3K
Money out
$26.6M
Programs$22.7M
Management$2.4M
Fundraising$1.5M
Owns and owes
$57.0M
net assets
Cash and savings$16.9M
Total assets$71.6M
Liabilities$14.5M
People
18
listed
Paid8
Voting board7
Independent7
2In more detail
Revenue in detail
Gifts and grants$55.3M
Investment income$498K
Other income$3K
Total revenue$55.8M
Assets in detailEnd of year
Cash and savings together$16.9M
Total assets$71.6M
Liabilities$14.5M
Net assets$57.0M
Operations
Employees45
Volunteers7
Fiscal year endsMarch
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $15.3M$23.0M−$7.6M$43.0M 990 PDF
FY2024 $17.2M$26.3M−$9.1M$49.8M 990 PDF
FY2023 Viewing $55.8M$26.6M$29.2M$57.0M 990 PDF
FY2022 $29.1M$20.8M$8.2M$28.7M 990 PDF
FY2021 $16.3M$11.1M$5.3M$20.9M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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