Nami Rochester Ny Inc

Analysis

Nami Rochester Ny Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in May 1987, 39 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 Rochester Ny Inc reported income of $497k and spending of $372k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $497k (+90%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Rochester Ny 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 66th percentile within NY. Charities of a similar size with the same main cause include Mount Pleasant Now Development Corporation ($497k), Volunteer Fire Department of New Fairfield Inc ($497k) and Church Hill Volunteer Fire Company Inc ($497k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $79k (21% of expenses). Other salaries and wages came to $130k. At year end it held assets of $546k against liabilities of $87k, net assets of $459k. It reported 9 employees.