California Masonic Foundation

Analysis

California Masonic Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1969, 57 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 October 2023, California Masonic Foundation reported income of $1.6m and spending of $3.5m, spending 219% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $3.4m to $1.6m (-53%), an average of -17% a year. The sharpest change came in the year to October 2021, when income rose by 117%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Masonic Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Darke County Foundation ($1.6m), Boy Scouts of America ($1.6m) and Sumter United Ministries ($1.6m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $158k (4.5% of expenses). Other salaries and wages came to $403k. At year end it held assets of $40.3m against liabilities of $784k, net assets of $39.5m. It reported 5 employees.