Norway-Vulcan Senior Citizens Cente R Inc

Analysis

Norway-Vulcan Senior Citizens Cente R Inc is a registered charity in United States, based in Norway, MI. It received its IRS tax-exemption ruling in March 1974, 52 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Norway-Vulcan Senior Citizens Cente R Inc reported income of $215k and spending of $194k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $205k to $215k (+4.9%), an average of +2.4% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Norway-Vulcan Senior Citizens Cente R Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within MI. Charities of a similar size with the same main cause include Mountain Falls Apartments Inc ($215k), Mountain West Ballet ($215k) and Friends of the Forest Preserve ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Other salaries and wages came to $75k. At year end it held assets of $280k against liabilities of $1,153, net assets of $279k. It reported 8 employees.