Noblesville Schools Educational Foundation Inc

Analysis

Noblesville Schools Educational Foundation Inc is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in December 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Noblesville Schools Educational Foundation Inc reported income of $570k and spending of $575k, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $120k to $570k (+376%), an average of +37% a year. The sharpest change came in the year to December 2021, when income rose by 304%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Noblesville Schools Educational Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Valley Community Library ($570k), Sandwip Society U S a ($570k) and Youth for Christ USA Inc ($570k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $22k. At year end it held assets of $1.7m against liabilities of -$9,010, net assets of $1.7m. It reported 1 employees.