Noble House Inc

Analysis

Noble House Inc is a registered charity in United States, based in Albion, IN. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Noble House Inc reported income of $251k and spending of $253k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $226k to $251k (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 82% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Noble House Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Trinity Park Incorporated ($251k), St Martin de Porres Residence Inc ($251k) and Casa Del Pueblo II ($251k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 13% of the total. Other salaries and wages came to $134k. At year end it held assets of $424k against liabilities of $10k, net assets of $414k. It reported 6 employees.