Grand Lodge of the English Language Jurisdiction of the Ancient Mystic
Analysis
Grand Lodge of the English Language Jurisdiction of the Ancient Mystic is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in April 1964, 62 years ago. 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, Grand Lodge of the English Language Jurisdiction of the Ancient Mystic reported income of $4.7m and spending of $2.9m, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.9m to $4.7m (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 73% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grand Lodge of the English Language Jurisdiction of the Ancient Mystic sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Corporacion LA Fondita de Jesus ($4.7m), Wonders Early Learning and Extended Day Inc ($4.7m) and Boys & Girls Clubs of Pueblo County ($4.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $315k (11% of expenses). Other salaries and wages came to $537k. At year end it held assets of $18.8m against liabilities of $2.2m, net assets of $16.6m. It reported 18 employees.
Income and spending
Where the income comes from
- Contributions & grants 46%
- Program services 47%
- Other 6.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Corporacion LA Fondita de Jesus | San Juan | $4.7m |
| Wonders Early Learning and Extended Day Inc | Bethesda | $4.7m |
| Boys & Girls Clubs of Pueblo County | Pueblo | $4.7m |
| The Eagle Academy Foundation Inc | New York | $4.7m |