Nami of Lake County

Analysis

Nami of Lake County is a registered charity in United States, based in Painesville, OH. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Nami of Lake County reported income of $364k and spending of $320k, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $219k to $364k (+66%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nami of Lake County sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within OH. Charities of a similar size with the same main cause include Northwest Pennsylvania Area Health Education Center Inc ($364k), Culpeper Adult Day Care Center Inc ($364k) and Freedom House Ministries Inc ($364k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $59k (19% of expenses). Other salaries and wages came to $149k. At year end it held assets of $193k against liabilities of $66k, net assets of $128k. It reported 8 employees.