Nobis Enterprises Inc

Analysis

Nobis Enterprises Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nobis Enterprises Inc reported income of $4.9m and spending of $4.7m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $4.1m to $4.9m (+21%), an average of +6.4% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nobis Enterprises Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Presbyterian Urban Council ($4.9m), Netzach Foundation Inc ($4.9m) and Manahan ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $162k (3.4% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $704k against liabilities of $247k, net assets of $457k. It reported 89 employees.