Nami Mercer NJ Inc

Analysis

Nami Mercer NJ Inc is a registered charity in United States, based in Hamilton, NJ. It received its IRS tax-exemption ruling in April 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nami Mercer NJ Inc reported income of $489k and spending of $476k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $434k to $489k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2021, when income rose by 25%. 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 Mercer NJ Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Nemaha Valley Health Care Foundation ($489k), Texas Teo-Chew Temple ($489k) and Metro Towers Inc ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $111k (23% of expenses). Other salaries and wages came to $130k. At year end it held assets of $593k against liabilities of $0, net assets of $593k. It reported 3 employees.