Demolay International

Analysis

Demolay International is a registered charity in United States, based in East Moline, IL. 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 $181k and spending of $222k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $181k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 87% 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 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within IL. Charities of a similar size with the same main cause include Jubilee Minstry of Prosser ($181k), Jasonville Good Samaritan Housing Inc ($181k) and Northwoods Village Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 32% of the total. At year end it held assets of $890k against liabilities of $19k, net assets of $871k.