Noble Academy-Columbus Inc

Analysis

Noble Academy-Columbus Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2008, 18 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 2023, Noble Academy-Columbus Inc reported income of $6.1m and spending of $5.6m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.4m to $6.1m (+80%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Noble Academy-Columbus Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Academy of Tucson ($6.1m), Ancona School Society ($6.1m) and Turing School of Software and Design ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $100k (1.8% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $6.9m against liabilities of $7.4m, net assets of -$532k. It reported 56 employees.