Norris Power Goodwill Fund

Analysis

Norris Power Goodwill Fund is a registered charity in United States, based in Beatrice, NE. It received its IRS tax-exemption ruling in November 2001, 25 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 December 2023, Norris Power Goodwill Fund reported income of $90k and spending of $123k, spending 137% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $90k (+6.6%), an average of +6.6% a year. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Norris Power Goodwill Fund sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within NE. Charities of a similar size with the same main cause include More Than a Bus ($90k), Table23 International Inc ($90k) and Evergy Employee Relief Fund ($90k).

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 $47k against liabilities of $0, net assets of $47k.