Norfolk Historical Society Inc

Analysis

Norfolk Historical Society Inc is a registered charity in United States, based in Norfolk, CT. It received its IRS tax-exemption ruling in April 1962, 64 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 December 2023, Norfolk Historical Society Inc reported income of $58k and spending of $61k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $58k (-0.4%), an average of -0.4% a year. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Norfolk Historical Society Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within CT. Charities of a similar size with the same main cause include Fort Wayne Rotary Foundation Inc ($58k), Music Teachers National Association Inc ($58k) and Moving Pillsbury Forward NFP ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $384k against liabilities of $0, net assets of $384k.