Noble Learning Center

Analysis

Noble Learning Center is a registered charity in United States, based in Caldwell, OH. It received its IRS tax-exemption ruling in February 2001, 25 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 December 2023, Noble Learning Center reported income of $1.5m and spending of $1.8m, spending 122% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $962k to $1.5m (+56%), an average of +9.3% a year. The sharpest change came in the year to December 2022, when income rose by 64%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Noble Learning Center sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within OH. Charities of a similar size with the same main cause include Berkshire Agriculture Ventures ($1.5m), The Cambodian Mutual Assistance Association of Greater Lowell Inc ($1.5m) and Catherine Morrill Day Nursery ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $72k (4.0% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.6m against liabilities of $762k, net assets of $800k. It reported 86 employees.