Robert Russell Eastern Star-Masonic Center of Colorado Inc

Analysis

Robert Russell Eastern Star-Masonic Center of Colorado Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Robert Russell Eastern Star-Masonic Center of Colorado Inc reported income of $6.9m and spending of $6.8m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.3m to $6.9m (-5.1%), an average of -1.3% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Robert Russell Eastern Star-Masonic Center of Colorado Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Home Life Incorporated ($6.9m), Center for Seniors ($6.9m) and Jewish Family Services Inc ($6.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.9% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $156k (2.3% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $33.6m against liabilities of $12.9m, net assets of $20.7m. It reported 126 employees.