Demolay International

Analysis

Demolay International is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in July 1996, 30 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, Demolay International reported income of $300k and spending of $275k, spending 92% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $216k to $300k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Demolay International sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Mississippi State Medical Association Foundation Inc ($300k), Kern Community Tennis Association ($300k) and Supported Housing Management Corporation ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 58% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.