Masonic Foundation of Utah

Analysis

Masonic Foundation of Utah is a registered charity in United States, based in Salt Lake City, UT. It received its IRS tax-exemption ruling in January 1982, 44 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, Masonic Foundation of Utah reported income of $257k and spending of $227k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $288k to $257k (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Masonic Foundation of Utah sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within UT. Charities of a similar size with the same main cause include Transportation Project for Cayuga County Inc ($257k), Rich Square Fire an Rescue Inc ($257k) and Virginia Congress of Parents and Teachers ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% of the total. Compensation of current officers, directors and key employees was $12k (5.3% of expenses). At year end it held assets of $6.2m against liabilities of $0, net assets of $6.2m. It reported 1 employees.