Spokane Masonic Temple Foundation

Analysis

Spokane Masonic Temple Foundation is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Spokane Masonic Temple Foundation reported income of $117k and spending of $157k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $91k to $117k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spokane Masonic Temple Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 36th percentile within WA. Charities of a similar size with the same main cause include Premiere Dance Company Inc ($117k), Womans Club of Wisconsin Foundation Inc ($117k) and Mount Shasta Trail Association Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.