California Masonic Memorial Temple

Analysis

California Masonic Memorial Temple is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 1963, 63 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 October 2023, California Masonic Memorial Temple reported income of $2.7m and spending of $3.1m, spending 114% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income grew from $2.5m to $2.7m (+8.2%), an average of +2.0% a year. The sharpest change came in the year to October 2021, when income rose by 20%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, California Masonic Memorial Temple sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Cathedral Plaza Inc ($2.7m), Operating Engineers Local 520 Joint Apprenticeship and Training Fund ($2.7m) and Darchei David Foundation ($2.7m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 8.3% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $102k (3.3% of expenses). Other salaries and wages came to $392k. At year end it held assets of $12.1m against liabilities of $1.3m, net assets of $10.8m.