Nobilo Foundation Inc

Analysis

Nobilo Foundation Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in August 2012, 14 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 December 2023, Nobilo Foundation Inc reported income of $118k and spending of $209k, spending 176% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $164k to $118k (-28%), an average of -7.9% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nobilo Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Camp Anuenue Corporation ($118k), Colorado Patriots Inc ($118k) and Pathways North ($118k).

At year end it held assets of $265k against liabilities of $0, net assets of $265k.