Norwalk Community Health Center Inc

Analysis

Norwalk Community Health Center Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in April 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Norwalk Community Health Center Inc reported income of $13.8m and spending of $13.8m, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $9.9m to $13.8m (+40%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Norwalk Community Health Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Ronald McDonald House of New York Inc ($13.8m), Northside Behavioral Health Center Inc ($13.9m) and Lifecare Ambulance ($13.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $680k (4.9% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $11.8m against liabilities of $8.3m, net assets of $3.4m. It reported 135 employees.