The Masonry Foundation

Analysis

The Masonry Foundation is a registered charity in United States, based in Algonquin, IL. It received its IRS tax-exemption ruling in July 2025. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Masonry Foundation reported income of $336k and spending of $74k, leaving 78% of income unspent that year. Across the 5 years on record, from June 2020 to December 2023, income fell from $626k to $336k (-46%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 15% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Masonry Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Friends of the Charleston County Library ($336k), Greenbelt Nursery School Inc ($336k) and Association of Interior Native Educators ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 7.2% of the total. At year end it held assets of $4.6m against liabilities of $7,500, net assets of $4.6m.