Masonic Villages of the Grand Lodge of Pennsylvania
Analysis
Masonic Villages of the Grand Lodge of Pennsylvania is a registered charity in United States, based in Elizabethtown, PA. It received its IRS tax-exemption ruling in March 1932, 94 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Masonic Villages of the Grand Lodge of Pennsylvania reported income of $232.2m and spending of $230.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227.3m to $232.2m (+2.2%), an average of +0.5% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 94% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Masonic Villages of the Grand Lodge of Pennsylvania sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within PA. Charities of a similar size with the same main cause include Preservation Freehold Company ($205.5m), The Center for New York City ($236.8m) and Philadelphia Housing Development Corporation ($179.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $4.2m (1.8% of expenses). Other salaries and wages came to $92.0m. At year end it held assets of $1.31bn against liabilities of $422.6m, net assets of $885.3m. It reported 3,235 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.0%
- Program services 77%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Preservation Freehold Company | Lewisville | $205.5m |
| The Center for New York City | New York | $236.8m |
| Philadelphia Housing Development Corporation | Philadelphia | $179.7m |
| Collegiate Housing Foundation | Fairhope | $249.9m |