Masonic Home for Children at Oxford

Analysis

Masonic Home for Children at Oxford is a registered charity in United States, based in Oxford, NC. It received its IRS tax-exemption ruling in February 1946, 80 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Masonic Home for Children at Oxford reported income of $7.2m and spending of $7.4m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $7.2m (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Masonic Home for Children at Oxford sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Fort Worth Hope Center ($7.2m), Avenidas ($7.2m) and International Institute of Buffalo Inc ($7.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $273k (3.7% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $67.7m against liabilities of $324k, net assets of $67.4m. It reported 80 employees.