Norwich Womens Club

Analysis

Norwich Womens Club is a registered charity in United States, based in Norwich, VT. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 May 2023, Norwich Womens Club reported income of $52k and spending of $52k, spending 100% of its income. Across the 2 years on record, from May 2022 to May 2023, income fell from $89k to $52k (-42%), an average of -42% a year. The sharpest change came in the year to May 2023, when income dropped by 42%. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Norwich Womens Club sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 13th percentile within VT. Charities of a similar size with the same main cause include Blairstown Economic Enhancement Committee ($52k), Bryant Way Resident Council Inc ($52k) and Carmel Chamber of Commerce Foundation ($52k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 72% and program service revenue 1.2% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.