Indiana Masonic Charities Incorporated

Analysis

Indiana Masonic Charities Incorporated is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Indiana Masonic Charities Incorporated reported income of $181k and spending of $194k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $409k to $181k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Indiana Masonic Charities Incorporated sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within IN. Charities of a similar size with the same main cause include Cinco Ranch Church of Christ Early Childhood Development Corporation ($181k), Solomon Family Solutions ($181k) and Kids World of New Orleans Inc ($181k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k.