CSCharityScored
88

Norwich Free Academy

Education · Norwich, Connecticut

305 Broadway, Norwich, CT 06360-3547

EIN: 060762783· Founded: Jul 1934· 92 years active· Filing Year: 2023

Annual Revenue

$46.8M

Total Expenses

$43.4M

Total Assets

$47.1M

Program Spending

78%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$581K

1.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$23.7M

Total Payroll

$24.3M

56% of total expenses

Where the Money Goes

78%
Programs: 78%
Payroll: 56%
Other overhead: 22%
Program Revenue$33.8M (72%)
Total Expenses$43.4M (93%)
Payroll$24.3M (56%)
Overhead (non-program)22%

Trust Score Breakdown

Program Spending Ratio

78% of expenses go to programs

40%

Revenue & Stability

$46.8M annual revenue

15%

Executive Compensation

$581K total officer comp (1.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$47.1M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.