Be Noble Inc

Analysis

Be Noble Inc is a registered charity in United States, based in Kendallville, IN. It received its IRS tax-exemption ruling in January 2022, 4 years ago. 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, Be Noble Inc reported income of $541k and spending of $424k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $135k to $541k (+300%), an average of +300% a year. The sharpest change came in the year to December 2023, when income rose by 300%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Be Noble Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IN. Charities of a similar size with the same main cause include Tennessee Foundation for Agriculture in the Classroom ($541k), Volunteers of America Inc ($541k) and Sav-A-Life of Tuscaloosa Inc ($540k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $76k (18% of expenses). Other salaries and wages came to $87k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 3 employees.