Norwalk Community Benefit Fund Inc

Analysis

Norwalk Community Benefit Fund Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Norwalk Community Benefit Fund Inc reported income of $122k and spending of $113k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $5,507 to $122k (+2122%), an average of +2122% a year. The sharpest change came in the year to December 2023, when income rose by 2122%. Over the whole period it spent 97% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Norwalk Community Benefit Fund Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within CT. Charities of a similar size with the same main cause include Richards Volunteer Fire Dept ($122k), Cecil Township Volunteer Fire Company No 3 of Millers Run ($122k) and Woodstock Fire Company No 5 Emergency Rescue Squad Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.