Noble County Convention and Visitors Bureau Inc

Analysis

Noble County Convention and Visitors Bureau Inc is a registered charity in United States, based in Kendallville, IN. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Noble County Convention and Visitors Bureau Inc reported income of $267k and spending of $249k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $267k (+97%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Noble County Convention and Visitors Bureau Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Friends of Vienna ($267k), Newvue Liabilities to Assets Inc ($267k) and Southeast Texas Economic Development Foundation Inc ($267k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $56k (22% of expenses). At year end it held assets of $383k against liabilities of $2,110, net assets of $381k. It reported 1 employees.