Norris School District Educational Foundation

Analysis

Norris School District Educational Foundation is a registered charity in United States, based in Firth, NE. It received its IRS tax-exemption ruling in December 1989, 37 years ago. 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 December 2023, Norris School District Educational Foundation reported income of $145k and spending of $70k, leaving 52% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $145k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Norris School District Educational Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NE. Charities of a similar size with the same main cause include Greater Rochester Amateur Athletic Federation Inc ($145k), School District 877 Education and Scholarship Foundation ($145k) and St Alphonsus Church Foundation ($145k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.