Friends of the Norton Senior Center Inc

Analysis

Friends of the Norton Senior Center Inc is a registered charity in United States, based in Norton, MA. It received its IRS tax-exemption ruling in September 1986, 40 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 June 2024, Friends of the Norton Senior Center Inc reported income of $54k and spending of $26k, leaving 52% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $38k to $54k (+44%), an average of +44% a year. The sharpest change came in the year to June 2024, when income rose by 44%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Norton Senior Center Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Life Center of Page Valley ($54k), Mildred Mindell Foundation Inc ($54k) and Rocky Mountain Arts ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 43% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.