Illinois Masonic Childrens Home

Analysis

Illinois Masonic Childrens Home is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in June 1939, 87 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Illinois Masonic Childrens Home reported income of $391k and spending of $486k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.0m to $391k (-92%), an average of -47% a year. The sharpest change came in the year to June 2020, when income dropped by 101%. Over the whole period it spent 175% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Illinois Masonic Childrens Home sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include Berean Education Center ($391k), Hope Life Center Inc ($391k) and Champaign County Farm Bureau Foundation ($391k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% of the total. Other salaries and wages came to $288k. At year end it held assets of $7.4m against liabilities of $21k, net assets of $7.4m. It reported 5 employees.