Maryland Scottish Rite Charitable Foundation Inc

Analysis

Maryland Scottish Rite Charitable Foundation Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in December 1983, 43 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 December 2023, Maryland Scottish Rite Charitable Foundation Inc reported income of $704k and spending of $731k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $704k (-53%), an average of -17% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Maryland Scottish Rite Charitable Foundation 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 74th percentile within MD. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($704k), National Church Residences Cedar Creek Senior Housing LA Inc ($704k) and Greater Hammond Community Services Inc ($704k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% of the total. At year end it held assets of $12.1m against liabilities of $0, net assets of $12.1m.