Norwalk Historical Society Incorporated

Analysis

Norwalk Historical Society Incorporated is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Norwalk Historical Society Incorporated reported income of $596k and spending of $168k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $147k to $596k (+304%), an average of +304% a year. The sharpest change came in the year to December 2023, when income rose by 304%. Over the whole period it spent 39% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Norwalk Historical Society Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CT. Charities of a similar size with the same main cause include Equity Trust Inc ($596k), Why Arts Inc ($596k) and Fargo-Moorhead Orchestral ($596k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $77k (46% of expenses). Other salaries and wages came to $5,033. At year end it held assets of $555k against liabilities of $0, net assets of $555k. It reported 3 employees.