Noia Foundation

Analysis

Noia Foundation is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Noia Foundation reported income of $640k and spending of $427k, leaving 33% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $394k to $640k (+63%), an average of +13% a year. The sharpest change came in the year to June 2024, when income rose by 80%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Noia Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Project Renewal of Davenport Inc ($640k), Ramapough Culture and Land Foundation Inc ($640k) and Helping Hands Alaska ($640k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 50% of the total. At year end it held assets of $6.2m against liabilities of $8,690, net assets of $6.2m.