Masonic Home Educational Foundation Inc

Analysis

Masonic Home Educational Foundation Inc is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in July 1960, 66 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2022, Masonic Home Educational Foundation Inc reported income of $62k and spending of $193k, spending 312% of what it took in. Across the 4 years on record, from September 2019 to September 2022, income fell from $1.1m to $62k (-94%), an average of -61% a year. The sharpest change came in the year to September 2021, when income rose by 170%. Over the whole period it spent 28% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Masonic Home Educational Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within LA. Charities of a similar size with the same main cause include Girls Angle Inc ($62k), Nonviolent Schools Ri Inc ($62k) and Parent Booster USA Inc ($62k).

On its Form 990 for the period ending September 2022, revenue came from contributions and grants 27% of the total. Other salaries and wages came to $6,000. At year end it held assets of $3.7m against liabilities of $0, net assets of $3.7m.