Masonic Temple Association Inc

Analysis

Masonic Temple Association Inc is a registered charity in United States, based in Spencer, IA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Masonic Temple Association Inc reported income of $82k and spending of $103k, spending 125% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $82k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 113% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masonic Temple Association Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within IA. Charities of a similar size with the same main cause include House of Christ Church ($82k), Childrens Outreach Ministries Inc ($82k) and Christian Cross Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $231k against liabilities of $16k, net assets of $215k.