Noble Initiative Foundation

Analysis

Noble Initiative Foundation is a registered charity in United States, based in Griswold, IA. It received its IRS tax-exemption ruling in March 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 (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, Noble Initiative Foundation reported income of $1.5m and spending of $49k, leaving 97% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $364k to $1.5m (+322%), an average of +105% a year. The sharpest change came in the year to December 2022, when income rose by 444%. Over the whole period it spent 3.6% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Noble Initiative Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Emily Griffith Foundation Inc ($1.5m), Saint Augustine Montessori Community Inc ($1.5m) and American Friends of Ramot Torah Schools Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $23k. At year end it held assets of $4.2m against liabilities of $514k, net assets of $3.7m. It reported 1 employees.