Noda

Analysis

Noda is a registered charity in United States, based in Roseville, MN. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Noda reported income of $1.3m and spending of $1.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.3m (-22%), an average of -5.9% a year. The sharpest change came in the year to June 2021, when income dropped by 57%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Noda sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Nancy Lieberman Charities ($1.3m), PV Sharks Booster Club Inc ($1.3m) and Harvard Business School Club of New York Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $197k (15% of expenses). Other salaries and wages came to $88k. At year end it held assets of $1.2m against liabilities of $200k, net assets of $1.0m.