Overview
What is The Masonic Home For Children At Oxford Inc?
The Masonic Home for Children at Oxford Inc is a nonprofit organization situated in Oxford, North Carolina, with a US address at 600 College Street. Their primary mission is to provide a safe, nurturing environment and essential support for children who come from financially struggling families. The home accommodates children ranging from infants to 22 years old, with an average resident census of 50-65. Beyond basic necessities like food and housing, they offer opportunities for personal growth and development, enabling these children to reach their full potential. Limited housing is also available for young adults over 18 who are enrolled in higher education.
Official website here: www.mhc-oxford.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The Masonic Home For Children At Oxford Inc has received a strong Four-Star rating from Charity Navigator, reflecting high marks in accountability and finance. This rating is based on a comprehensive evaluation where the charity scored 95% overall, indicating robust financial practices and transparency in its operations.
The organization is notable for having a fully independent board, with all 10 members being independent, and it adheres to rigorous oversight practices. Key strengths include a solid financial health demonstrated by a liabilities to assets ratio of 0.47% and efficient fundraising practices, which allow for a significant portion of expenses to go directly towards programs benefiting children.
While the program expense ratio is commendable at 66.90%, there may be room for improvement to maximize the funds allocated directly to programs. Overall, the Masonic Home for Children at Oxford exhibits a commitment to financial responsibility and accountability, fostering trust and confidence among its donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Masonic Home For Children At Oxford Inc legitimate?
The Masonic Home For Children At Oxford Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Masonic Home For Children At Oxford Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $218,295
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,370,440
For more financial information, click here
Official website here: www.mhc-oxford.org
What is the mission statement of The Masonic Home For Children At Oxford Inc?
The Masonic Home For Children At Oxford Inc's mission is centered around supporting children from families experiencing hardship. Their primary goal is to provide a safe and nurturing environment for these children, allowing them to maximize their potential. The home caters to children ranging from infancy to the age of 22, with an average resident census of 50-65. Additionally, limited housing is available for youth over the age of 18, provided they are enrolled in a higher education institution. The organization's activities primarily involve providing food, housing, and essential support for these children.
Official website here: www.mhc-oxford.org
Who is the CEO of The Masonic Home For Children At Oxford Inc?
Kevin Otis is the Administrator of The Masonic Home For Children At Oxford Inc.
Official website here: www.mhc-oxford.org
What is the revenue of The Masonic Home For Children At Oxford Inc?
The Masonic Home For Children At Oxford Inc's revenue in 2022 was $5,908,662.
Official website here: www.mhc-oxford.org
Who are the executives of The Masonic Home For Children At Oxford Inc and what are their salaries?
The average compensation at The Masonic Home For Children At Oxford Inc during 2022 was $35,462. There are 73 employees and 25 volunteers at The Masonic Home For Children At Oxford Inc.
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Official website here: www.mhc-oxford.org
Where can I find the form 990 for The Masonic Home For Children At Oxford Inc?
The Masonic Home For Children At Oxford Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mhc-oxford.org
Learn more at the official website: www.mhc-oxford.org
Mission Statement of The Masonic Home For Children At Oxford Inc
The Masonic Home for Children at Oxford Inc is dedicated to supporting children from families experiencing hardship. Their mission is to provide a safe and nurturing home for these children, allowing them to thrive and maximize their potential. The organization houses children ranging from infants to 22 years old, with an average resident census of 50-65. Limited housing is also available for youth over the age of 18, if they are enrolled in a higher education institution. The Masonic Home for Children at Oxford Inc provides essential needs such as food and housing, along with necessary support, for these children in need.
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Impact
July, 2024
The Masonic Home For Children At Oxford Inc provides critical support to children from families experiencing hardship by offering food, housing, and a nurturing environment. Their impact is significant as they provide a safe and stable home for children in need, allowing them opportunities to maximize their potential. With a focus on youth ranging from infant to 22 years old, the organization plays a crucial role in offering assistance and care to those facing difficult circumstances. Through their dedicated efforts, The Masonic Home For Children At Oxford Inc positively impacts the lives of vulnerable children, helping them thrive despite adversity.
This information is meant to be a general summary of The Masonic Home For Children At Oxford Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,423,778
- Program Service Revenue: $1,059,471
- Gross Receipts: $5,932,494
Assets and Liabilities:
- Total Assets: $62,798,861
- Total Liabilities: $389,585
- Net Assets: $62,409,276
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRINTING INCOME
Revenue
$818,388
MISCELLANEOUS INCOME
Revenue
$121,772
FEDERAL CHILD SUPPORT
Revenue
$119,311
Organization Details
Founding Year
1873
Phone
(919) 693-5111Principal Officer
Kevin Otis
Main Address
600 COLLEGE STREET, OXFORD, NC, 27565
Website
www.mhc-oxford.orgNTEE Category
Code: P700 - Human services
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