Nobis Works Inc

Analysis

Nobis Works Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 1978, 48 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Nobis Works Inc reported income of $10.2m and spending of $4.8m, leaving 53% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $5.0m to $10.2m (+105%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 156%. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Nobis Works Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Goodwill Industries of Fort Worth Foundation Inc ($10.2m), Arriba Juntos ($10.2m) and Anne Arundel Workforce Development Corporation ($10.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 15% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $13.5m against liabilities of $1.4m, net assets of $12.1m. It reported 100 employees.