Hastings Scottish Rite Foundation

Analysis

Hastings Scottish Rite Foundation is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Hastings Scottish Rite Foundation reported income of $59k and spending of $57k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $65k to $59k (-9.7%), an average of -2.5% a year. The sharpest change came in the year to December 2021, when income rose by 62%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Hastings Scottish Rite Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within NE. Charities of a similar size with the same main cause include Whitley County Girls Basketballbooster ($59k), Norma J Paschal Elementary School Parent Teacher Club ($59k) and American Real Estate Society Foundation ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $940k against liabilities of $0, net assets of $940k.