Noah Farrelly Memorial Fund Ltd

Analysis

Noah Farrelly Memorial Fund Ltd is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Noah Farrelly Memorial Fund Ltd reported income of $69k and spending of $59k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $69k (+5.2%), an average of +5.2% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Noah Farrelly Memorial Fund Ltd sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Center for Collective Wisdom ($69k), Be the Narrative ($69k) and Sierra View Elementary PTO ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.