Noble Charities Foundation

Analysis

Noble Charities Foundation is a registered charity in United States, based in LA Feria, TX. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Noble Charities Foundation reported income of $145k and spending of $78k, leaving 46% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $119k to $145k (+22%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 37% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Noble Charities 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 46th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Kenilworth United Fund Inc ($145k), South Montgomery County Friends of the Library Inc ($145k) and The Farmington Community Chest Incorporated ($145k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 4.1% of the total. At year end it held assets of $317k against liabilities of $1,345, net assets of $315k.