Project Noelle

Analysis

Project Noelle is a registered charity in United States, based in Sandusky, OH. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Project Noelle reported income of $114k and spending of $110k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $114k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Noelle sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Parenting for Non Violence ($114k), Lradac Foundation ($114k) and Heart to Heart Inc a Womens Resource Center ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 1.0% of the total. At year end it held assets of $77k against liabilities of $1,627, net assets of $76k.