Noble Educational Initiatives Inc

Analysis

Noble Educational Initiatives Inc is a registered charity in United States, based in Ligonier, IN. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Noble Educational Initiatives Inc reported income of $75k and spending of $66k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $75k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Noble Educational Initiatives Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within IN. Charities of a similar size with the same main cause include Higley High School Choir Boosters ($75k), Scholarship Yellow Medicine East ($75k) and Santa Clara Rotary Foundation ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $56k against liabilities of $2,428, net assets of $53k.