Nami New York State Inc

Analysis

Nami New York State Inc is a registered charity in United States, based in Menands, NY. It received its IRS tax-exemption ruling in February 1985, 41 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 New York State Inc reported income of $1.2m and spending of $1.0m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $952k to $1.2m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nami New York State Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Morningstar Senior Solutions Inc ($1.2m), Aidspan ($1.2m) and Prostate Cancer Education Council ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $92k (9.0% of expenses). Other salaries and wages came to $338k. At year end it held assets of $3.0m against liabilities of $428k, net assets of $2.6m. It reported 10 employees.