Norwalk Area Ministerial Association

Analysis

Norwalk Area Ministerial Association is a registered charity in United States, based in Norwalk, IA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Norwalk Area Ministerial Association reported income of $721k and spending of $714k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $721k (+242%), an average of +36% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Norwalk Area Ministerial Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include Blue Heart Missions Inc ($721k), Common Ground Consultants Inc ($721k) and Sri Kamakshi Community Center Inc ($720k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.