Nome Inc

Analysis

Nome Inc is a registered charity in United States, based in Bluffton, IN. It received its IRS tax-exemption ruling in October 1976, 50 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Nome Inc reported income of $142k and spending of $131k, spending 92% of its income. Across the 3 years on record, from July 2019 to July 2024, income fell from $149k to $142k (-4.2%), an average of -2.1% a year. The sharpest change came in the year to July 2024, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nome Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within IN. Charities of a similar size with the same main cause include Hope Beyond Bridges ($142k), Highland County Childrens Home Inc ($142k) and The Shaw Community Transformation Corporation ($142k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $183k against liabilities of $0, net assets of $183k.