Scottish Rite Foundation of the District of Columbia Inc

Analysis

Scottish Rite Foundation of the District of Columbia Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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, Scottish Rite Foundation of the District of Columbia Inc reported income of $700k and spending of $706k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $448k to $700k (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 163%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Scottish Rite Foundation of the District of Columbia Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 49th percentile within DC. Charities of a similar size with the same main cause include West Warwick Senior Citizens Center Inc ($700k), Child Welfare Alliance of Calhoun County Inc ($700k) and Jacksonville Educational Community Inc ($700k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. Other salaries and wages came to $87k. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.