Noahs Bandage Project

Analysis

Noahs Bandage Project is a registered charity in United States, based in Olathe, KS. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Noahs Bandage Project reported income of $211k and spending of $350k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $550k to $211k (-62%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Noahs Bandage Project sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within KS. Charities of a similar size with the same main cause include Alliance for Community Research Engagement and Support ($211k), Angels in Flight Recovery Center Inc ($211k) and Autism Society of the Keys ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $60k (17% of expenses). It paid $8,650 in professional fundraising fees. At year end it held assets of $506k against liabilities of $0, net assets of $506k. It reported 1 employees.