The Ohio Masonic Home

Analysis

The Ohio Masonic Home is a registered charity in United States, based in Springfield, OH. It received its IRS tax-exemption ruling in April 1941, 85 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, The Ohio Masonic Home reported income of $10.2m and spending of $10.6m, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $7.3m to $10.2m (+39%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Ohio Masonic Home sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Young Womens Christian Association ($10.2m), Our Piece of the Pie Inc ($10.2m) and Lanakila Pacific ($10.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 33% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $764k (7.2% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $143.4m against liabilities of $43.1m, net assets of $100.4m. It reported 42 employees.