Noblebank Foundation

Analysis

Noblebank Foundation is a registered charity in United States, based in Anniston, AL. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Noblebank Foundation reported income of $148k and spending of $137k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $148k (+6.6%), an average of +6.6% a year. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Noblebank Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within AL. Charities of a similar size with the same main cause include British Benevolent Society of California Inc ($148k), Friends in Deed Foundation Inc ($148k) and Kaitlyn Eckelberry Memorial Fund ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.