Noble Touch Inc

Analysis

Noble Touch Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2016, 10 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, Noble Touch Inc reported income of $198k and spending of $183k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $193k to $198k (+2.8%), an average of +2.8% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Noble Touch Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within NY. Charities of a similar size with the same main cause include Trinity Community Commons ($198k), Resale Heaven Inc ($198k) and Borderland Cheer and Dance ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $218k against liabilities of $0, net assets of $218k.