Naco Wellness Initiative

Analysis

Naco Wellness Initiative is a registered charity in United States, based in Bisbee, AZ. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover health care, 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, Naco Wellness Initiative reported income of $152k and spending of $146k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $38k to $152k (+297%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 145%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Naco Wellness Initiative sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within AZ. Charities of a similar size with the same main cause include Sun Stand Still Recovery Corp ($152k), Tar Heel Human Services-Npo Inc ($152k) and Ringwood Ambulance Corps Inc ($152k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.