Nome Schoolhouse Inc

Analysis

Nome Schoolhouse Inc is a registered charity in United States, based in Nome, ND. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Nome Schoolhouse Inc reported income of $80k and spending of $146k, spending 182% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $266k to $80k (-70%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nome Schoolhouse Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 22nd percentile within ND. Charities of a similar size with the same main cause include Jude Project ($80k), Village Light Opera Group Ltd ($80k) and New Yorks Landmarks Preservation Foundation Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $184k against liabilities of $0, net assets of $184k.