Masonic Charities of Arizona
Analysis
Masonic Charities of Arizona is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 1981, 45 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 Charities of Arizona reported income of $65k and spending of $129k, spending 198% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $98k to $65k (-33%), an average of -9.6% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 56% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Masonic Charities of Arizona sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within AZ. Charities of a similar size with the same main cause include Boston Womens Health Book Collective Inc ($65k), Murdoch Center Foundation Inc ($65k) and Benton County Food Pantry ($65k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.
Income and spending
Where the income comes from
- Contributions & grants 14%
- Other 86%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Boston Womens Health Book Collective Inc | Chestnut Hill | $65k |
| Murdoch Center Foundation Inc | Butner | $65k |
| Benton County Food Pantry | Vinton | $65k |
| 1794 Meetinghouse Inc | New Salem | $65k |