Nami Southeast Wisconsin Inc

Analysis

Nami Southeast Wisconsin Inc is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in October 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nami Southeast Wisconsin Inc reported income of $1.9m and spending of $2.1m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $704k to $1.9m (+167%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Southeast Wisconsin Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within WI. Charities of a similar size with the same main cause include New Hope Christian Schools Inc ($1.9m), United Ashland Ministries Inc ($1.9m) and Brooke Industries Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $134k (6.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.5m against liabilities of $674k, net assets of $818k. It reported 35 employees.