Noble Maritime Collection

Analysis

Noble Maritime Collection is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Noble Maritime Collection reported income of $507k and spending of $506k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $407k to $507k (+24%), an average of +7.6% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Noble Maritime Collection 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 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Scripture Memory Fellowship International ($507k), Foxboro Cable Access Inc ($507k) and Overseas Radio & Television Inc ($507k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $82k (16% of expenses). Other salaries and wages came to $157k. At year end it held assets of $1.0m against liabilities of $196k, net assets of $811k. It reported 6 employees.