Norwood Masonic Temple Foundation Incorporated

Analysis

Norwood Masonic Temple Foundation Incorporated is a registered charity in United States, based in Norwood, OH. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Norwood Masonic Temple Foundation Incorporated reported income of $114k and spending of $111k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $114k (+9.3%), an average of +2.3% a year. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Norwood Masonic Temple Foundation Incorporated sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Mayville Library ($114k), Benjamin Franklin School Parent-Teacher Organization Inc ($114k) and Center Service Inc ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $10k (9.2% of expenses). At year end it held assets of $920k against liabilities of $0, net assets of $920k. It reported 1 employees.