Nami Syracuse Inc

Analysis

Nami Syracuse Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in November 1983, 43 years ago. 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 Syracuse Inc reported income of $117k and spending of $91k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $117k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Syracuse Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Canby Swim Club Inc ($117k), Napa Junior Girls Softball League ($117k) and Phokos NFP ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $59k against liabilities of $43, net assets of $59k.