Nocti

Analysis

Nocti is a registered charity in United States, based in Big Rapids, MI. It received its IRS tax-exemption ruling in January 1977, 49 years ago. 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 December 2023, Nocti reported income of $6.2m and spending of $4.8m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $6.2m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nocti sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Apprenticeship and Non-Traditional Employment for Women ($6.2m), Womens Lunch Place Inc ($6.2m) and Tse Inc ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $392k (8.2% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $9.7m against liabilities of $328k, net assets of $9.4m. It reported 40 employees.