Masonry Society

Analysis

Masonry Society is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in October 1995, 31 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 July 2023, Masonry Society reported income of $889k and spending of $772k, spending 87% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $571k to $889k (+56%), an average of +16% a year. The sharpest change came in the year to July 2023, when income rose by 53%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Masonry Society sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include BC Corp ($889k), Spectrum School ($889k) and Sprinkler Fitter 268 Joint Apprentice and Training Fund ($889k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 44% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $138k (18% of expenses). Other salaries and wages came to $120k. At year end it held assets of $979k against liabilities of $99k, net assets of $881k. It reported 3 employees.