Grand Lodge of Indiana F & a M Scholarship Board Inc

Analysis

Grand Lodge of Indiana F & a M Scholarship Board Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1988, 38 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, Grand Lodge of Indiana F & a M Scholarship Board Inc reported income of $113k and spending of $101k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $132k to $113k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grand Lodge of Indiana F & a M Scholarship Board Inc 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 40th percentile, and in the 38th percentile within IN. Charities of a similar size with the same main cause include Little League Baseball Inc ($113k), Independent Baptist Misssion for West Virginia Incorporated ($113k) and 100 Women of the Hill Country Inc ($113k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% of the total. At year end it held assets of $1.3m against liabilities of $6,696, net assets of $1.3m.