South Norfolk County Residences

Analysis

South Norfolk County Residences is a registered charity in United States, based in Westwood, MA. It received its IRS tax-exemption ruling in September 1976, 50 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 June 2023, South Norfolk County Residences reported income of $143k and spending of $105k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $140k to $143k (+1.8%), an average of +0.5% a year. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Norfolk County Residences sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include California Federation of Womens Clubs ($143k), Escondido Rotary Foundation ($143k) and Sailing Education Adventures ($143k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $298k against liabilities of $71k, net assets of $227k.