Nami Rhode Island

Analysis

Nami Rhode Island is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in January 1988, 38 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 June 2023, Nami Rhode Island reported income of $505k and spending of $280k, leaving 44% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $219k to $505k (+130%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 87%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nami Rhode Island sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within RI. Charities of a similar size with the same main cause include Safety Pharmacology Society ($505k), CCMC Corporation ($505k) and Cure Addiction Now -C a N - ($504k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $67k (24% of expenses). Other salaries and wages came to $71k. At year end it held assets of $367k against liabilities of $11k, net assets of $356k. It reported 5 employees.