Nenoa Inc

Analysis

Nenoa Inc is a registered charity in United States, based in Deeth, NV. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Nenoa Inc reported income of $326k and spending of $324k, spending 99% of its income. Across the 3 years on record, from June 2020 to June 2023, income grew from $263k to $326k (+24%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 83%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nenoa Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within NV. Charities of a similar size with the same main cause include San Jose Water Polo Foundation Inc ($326k), Minford Athletic Boosters ($326k) and Bike Instructor Certification Program ($326k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7,748 against liabilities of $0, net assets of $7,748.