nonprofit · EIN 98-0571483
How much does NOVO HOLDINGS AS raise and spend?
NOVO HOLDINGS AS (EIN 98-0571483) reported $3.5B in revenue and $277.6M in expenses for tax year 2024. By expenses that ranks 1,056 of 391,588 e-filers, 24 of 12,207 in NTEE T: Philanthropy, Voluntarism & Grantmaking Foundations.
What stands out
NOVO HOLDINGS AS (EIN 98-0571483) reported $3.5B in revenue and $277.6M in expenses for tax year 2024. By expenses that ranks 1,056 of 391,588 e-filers, 24 of 12,207 in NTEE T: Philanthropy, Voluntarism & Grantmaking Foundations. Against NTEE T: Philanthropy, Voluntarism & Grantmaking Foundations: officer compensation share of expenses 3.3%, below the peer median of 5.0%; contributions share of revenue 0.0%, below the peer median of 82.0%; surplus margin 92.2%, above the peer median of 7.5%.
Key figures, tax year 2024
As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.
| Measure | 2024 | Median, activity | Median, size | Median, all |
|---|---|---|---|---|
| Total revenue | $3.5B | $167.7k | $233.3M | $198.5k |
| Total expenses | $277.6M | $145.5k | $225.3M | $179.6k |
| Total assets | $36.2B | $886.3k | $306.0M | $761.5k |
| Net assets | $28.0B | $892.5k | $162.6M | $615.1k |
| Officer compensation (total per organisation) | $9.3M | $120.4k | $2.6M | $114.3k |
| Program service revenue share | 0.0% | 0.0% | 92.5% | 13.4% |
| Contributions share of revenue | 0.0% | 82.0% | 0.8% | 55.6% |
| Officer compensation share of expenses | 3.3% | 5.0% | 0.9% | 6.6% |
| Surplus margin | 92.2% | 7.5% | 1.7% | 4.3% |
Year by year
2 filings on record.
| Tax year | Revenue | Expenses | Net assets | Reserves | Officer comp. | Rank |
|---|---|---|---|---|---|---|
| 2024 | $3.5B | $277.6M | $28.0B | — | $9.3M | 1,056 |
| 2023 | $2.8B | $286.8M | $22.6B | — | $8.0M | 1,825 |
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