Scottish Rite Foundation of Florida

Analysis

Scottish Rite Foundation of Florida is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in September 1962, 64 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 June 2024, Scottish Rite Foundation of Florida reported income of $851k and spending of $622k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $403k to $851k (+111%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 141%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Scottish Rite Foundation of Florida sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Community Foundation of Kankakee River Valley ($851k), Warren County Foundation Depository ($852k) and Watertown Area United Way ($851k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.