Nob Hill Mainstreet

Analysis

Nob Hill Mainstreet is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in April 2010, 16 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 December 2023, Nob Hill Mainstreet reported income of $78k and spending of $92k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $78k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nob Hill Mainstreet sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within NM. Charities of a similar size with the same main cause include Howard County Poetry & Literary Society ($78k), Mines Applied Technology Transfer Inc ($78k) and Rhode Island Hockey Hall of Fame ($78k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $20k against liabilities of $6,765, net assets of $13k.