Nami Finger Lakes Incorporated

Analysis

Nami Finger Lakes Incorporated is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in July 2006, 20 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 December 2023, Nami Finger Lakes Incorporated reported income of $115k and spending of $97k, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $58k to $115k (+97%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nami Finger Lakes Incorporated sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Camp Magik Inc ($115k), K I S S Foundation ($115k) and Western New England Institute for Psychoanalysis ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 0.4% of the total. Other salaries and wages came to $59k. It paid $1,261 in professional fundraising fees. At year end it held assets of $169k against liabilities of $536, net assets of $169k. It reported 4 employees.