Noahbrave Foundation

Analysis

Noahbrave Foundation is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Noahbrave Foundation reported income of $341k and spending of $299k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $169k to $341k (+102%), an average of +102% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Noahbrave Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within TN. Charities of a similar size with the same main cause include Wellington E M S Inc ($341k), Championship Hearts Foundation ($341k) and Northstar Palliative Care Inc ($341k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $5,000 (1.7% of expenses). At year end it held assets of $140k against liabilities of $3,931, net assets of $136k.