Norfolk Family Coalition Inc

Analysis

Norfolk Family Coalition Inc is a registered charity in United States, based in Norfolk, NE. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Norfolk Family Coalition Inc reported income of $680k and spending of $529k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $337k to $680k (+102%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Norfolk Family Coalition Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within NE. Charities of a similar size with the same main cause include Operation Patriots Fob Inc ($680k), Lithuanian American Community Inc ($681k) and Nikolas Ritschel Foundation ($680k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (10% of expenses). Other salaries and wages came to $88k. At year end it held assets of $169k against liabilities of $249, net assets of $169k. It reported 3 employees.