Nami New Jersey a New Jersey Non Profit Corporation

Analysis

Nami New Jersey a New Jersey Non Profit Corporation is a registered charity in United States, based in North Brunswick, NJ. It received its IRS tax-exemption ruling in November 1985, 41 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 June 2023, Nami New Jersey a New Jersey Non Profit Corporation reported income of $1.6m and spending of $1.5m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.6m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2021, when income rose by 16%. 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 New Jersey a New Jersey Non Profit Corporation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include Milwaukee Homeless Veterans Initiative Inc ($1.6m), Olive Fire Dept No 1 Inc ($1.6m) and Great Falls Council Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $112k (7.4% of expenses). Other salaries and wages came to $664k. At year end it held assets of $3.2m against liabilities of $181k, net assets of $3.0m. It reported 22 employees.