Noble Research Institute LLC

Analysis

Noble Research Institute LLC is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in October 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training.

In the financial year ending December 2023, Noble Research Institute LLC reported income of $38.0m and spending of $43.9m, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $44.5m to $38.0m (-15%), an average of -15% a year. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Noble Research Institute LLC sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OK. Charities of a similar size with the same main cause include Ravenscroft School Inc ($37.9m), Livingstone College ($38.0m) and Arkansas Virtual Academy ($37.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $3.1m (7.0% of expenses). Other salaries and wages came to $13.0m. At year end it held assets of $141.7m against liabilities of $14.8m, net assets of $127.0m. It reported 248 employees.