Noble Academy Corp

Analysis

Noble Academy Corp is a registered charity in United States, based in Quincy, MA. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Noble Academy Corp reported income of $135k and spending of $160k, spending 118% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income fell from $261k to $135k (-48%), an average of -48% a year. The sharpest change came in the year to June 2020, when income dropped by 48%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Noble Academy Corp sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 50th percentile within MA. Charities of a similar size with the same main cause include Inya Burma Institute Inc ($135k), Woodland Centers Inc ($135k) and Love Big Foundation Inc ($135k).

On its Form 990 for the period ending June 2020, revenue came from program service revenue 100% of the total. Other salaries and wages came to $140k. At year end it held assets of $22k against liabilities of $0, net assets of $22k.