Masonic Home of Montana

Analysis

Masonic Home of Montana is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in September 1940, 86 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Masonic Home of Montana reported income of $1.3m and spending of $1.4m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.3m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Masonic Home of Montana 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 82nd percentile, and in the 84th percentile within MT. Charities of a similar size with the same main cause include Presbyterian Homes of Decatur Inc ($1.3m), Good Works Inc ($1.3m) and Trolinger House Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 78% of the total. Other salaries and wages came to $896k. At year end it held assets of $1.9m against liabilities of $30k, net assets of $1.8m. It reported 32 employees.