Nami South Dakota

Analysis

Nami South Dakota is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in December 1988, 38 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 South Dakota reported income of $224k and spending of $293k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $429k to $224k (-48%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami South Dakota 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 56th percentile, and in the 54th percentile within SD. Charities of a similar size with the same main cause include NVC Foundation ($224k), Nebraska High School Rodeo Assn ($224k) and The Thalians ($224k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $77k (26% of expenses). Other salaries and wages came to $77k. It paid $19k in professional fundraising fees. At year end it held assets of $213k against liabilities of $53k, net assets of $159k. It reported 5 employees.