Masonic Charities of Delaware Inc

Analysis

Masonic Charities of Delaware Inc is a registered charity in United States, based in Harrington, DE. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 August 2023, Masonic Charities of Delaware Inc reported income of $98k and spending of $502k, spending 514% of what it took in. Across the 4 years on record, from August 2020 to August 2023, income fell from $129k to $98k (-25%), an average of -9.0% a year. The sharpest change came in the year to August 2021, when income dropped by 29%. Over the whole period it spent 393% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masonic Charities of Delaware Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within DE. Charities of a similar size with the same main cause include Victory Life Church International ($98k), Society of St Vincent de Paul St Benedicts Conference ($98k) and Iglesia Evengelica Apostoles Y Profetas LA Pena de Horeb ($98k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $6.7m against liabilities of $0, net assets of $6.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.