Noah Webster House Inc

Analysis

Noah Webster House Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in August 1965, 61 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Noah Webster House Inc reported income of $588k and spending of $523k, spending 89% of its income. Across the 5 years on record, from December 2019 to June 2023, income fell from $712k to $588k (-17%), an average of -4.7% a year. The sharpest change came in the year to June 2021, when income rose by 168%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Noah Webster House Inc sits at the 79th percentile: it is larger than about 79% 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 Better Business Bureau Serving the Pacific Southwest Foundation ($588k), Present Music Inc ($588k) and Montgomery Theater Inc ($588k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $65k (12% of expenses). Other salaries and wages came to $191k. At year end it held assets of $3.0m against liabilities of $76k, net assets of $2.9m. It reported 16 employees.