Norristown Hospitality Center

Analysis

Norristown Hospitality Center is a registered charity in United States, based in Norristown, PA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Norristown Hospitality Center reported income of $608k and spending of $621k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $348k to $608k (+75%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 63%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Norristown Hospitality Center 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 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include Santiago Retreat Center ($607k), Meridzo Center Inc ($608k) and Greater Modesto Interfaith Hospitality Network Inc ($607k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $98k (16% of expenses). Other salaries and wages came to $256k. At year end it held assets of $680k against liabilities of $18k, net assets of $662k. It reported 10 employees.