Illinois Masonic Home

Analysis

Illinois Masonic Home is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Illinois Masonic Home reported income of $2.9m and spending of $477k, leaving 83% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.4m to $2.9m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 20% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Illinois Masonic Home sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Community House on Broadway ($2.9m), Nonprofit Management Center of the Permian Basin ($2.9m) and Childrens Hope Alliance ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $44.5m against liabilities of $259k, net assets of $44.2m.