Nami Indiana Inc

Analysis

Nami Indiana Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 1990, 36 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 Indiana Inc reported income of $1.3m and spending of $793k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $721k to $1.3m (+80%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 70%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Indiana Inc sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IN. Charities of a similar size with the same main cause include St Thomas Child and Family Center ($1.3m), Mother Teresa of Calcutta Center ($1.3m) and Unlimited Choices Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $88k (11% of expenses). Other salaries and wages came to $327k. At year end it held assets of $1.5m against liabilities of $112k, net assets of $1.4m. It reported 8 employees.