Noble Maritime Ministries

Analysis

Noble Maritime Ministries is a registered charity in United States, based in Anacortes, WA. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2024, Noble Maritime Ministries reported income of $75k and spending of $81k, spending 108% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $66k to $75k (+14%), an average of +6.8% a year. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Noble Maritime Ministries sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 24th percentile within WA. Charities of a similar size with the same main cause include Rio Bravo Project Inc ($75k), Holy Ghost Service Center ($75k) and Mission Charleston ($75k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $76k (94% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.