Masonic Widows & Orphans Home of Tennessee Fund

Analysis

Masonic Widows & Orphans Home of Tennessee Fund is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 1938, 88 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, Masonic Widows & Orphans Home of Tennessee Fund reported income of $893k and spending of $382k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $696k to $893k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Masonic Widows & Orphans Home of Tennessee Fund sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Chi Phi Educational Trust ($893k), Brazos Valley Symphony Society ($894k) and Kennedy Center of Louisiana LLC ($893k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. Other salaries and wages came to $41k. At year end it held assets of $15.3m against liabilities of $6,600, net assets of $15.3m. It reported 3 employees.