Illinois Scottish Rite Fund

Analysis

Illinois Scottish Rite Fund is a registered charity in United States, based in Orland Park, IL. It received its IRS tax-exemption ruling in January 1968, 58 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 March 2024, Illinois Scottish Rite Fund reported income of $1.1m and spending of $684k, leaving 38% of income unspent that year. Across the 5 years on record, from March 2020 to March 2024, income grew from $769k to $1.1m (+44%), an average of +9.5% a year. The sharpest change came in the year to March 2024, when income rose by 220%. Over the whole period it spent 55% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois Scottish Rite Fund sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Emmanuel Music Inc ($1.1m), Edwards County Council on Aging ($1.1m) and Shelby County United Fund Inc ($1.1m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 21% of the total. At year end it held assets of $17.2m against liabilities of $0, net assets of $17.2m.