Norwood City Schools Alumni Assn

Analysis

Norwood City Schools Alumni Assn is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in September 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Norwood City Schools Alumni Assn reported income of $62k and spending of $58k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $77k to $62k (-19%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Norwood City Schools Alumni Assn sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Demello School P T O Inc ($62k), Helix Center Inc ($62k) and Paleopathology Association ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 36% of the total. At year end it held assets of $490k against liabilities of $0, net assets of $490k.