Nopi Inc

Analysis

Nopi Inc is a registered charity in United States, based in Norfolk, MA. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Nopi Inc reported income of $1.7m and spending of $1.5m, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.4m to $1.7m (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nopi Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Foundation for Children and Families of Iowa ($1.7m), Mother Seton House Inc ($1.7m) and James Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $96k (6.2% of expenses). Other salaries and wages came to $515k. At year end it held assets of $923k against liabilities of $34k, net assets of $889k. It reported 31 employees.