Norfolk Senior Citizens Center Inc

Analysis

Norfolk Senior Citizens Center Inc is a registered charity in United States, based in Norfolk, NE. It received its IRS tax-exemption ruling in October 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Norfolk Senior Citizens Center Inc reported income of $580k and spending of $444k, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $442k to $580k (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Norfolk Senior Citizens Center Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NE. Charities of a similar size with the same main cause include Project Night Night ($580k), Therapy Solutions Childrens Services Inc ($580k) and Eagledancer Youth & Family Services LLC ($580k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $50k (11% of expenses). Other salaries and wages came to $113k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 15 employees.