Demolay International

Analysis

Demolay International is a registered charity in United States, based in Wallingford, CT. It received its IRS tax-exemption ruling in July 1996, 30 years ago. 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, Demolay International reported income of $84k and spending of $74k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $95k to $84k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Demolay International sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within CT. Charities of a similar size with the same main cause include Ukrainian Heritage Club of Northern California ($84k), Eastern High School Band Parents Assn Inc ($84k) and Greeneville Greene County History Museum Inc the Museum ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.