Namati Inc

Analysis

Namati Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Namati Inc reported income of $15.3m and spending of $12.8m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $15.3m (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 266%. Over the whole period it spent 51% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Namati Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 91st percentile within DC. Charities of a similar size with the same main cause include Collaborative Solutions for Communities ($15.1m), Legal Services of Eastern Mo Inc ($15.3m) and Safe Passages ($15.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $547k (4.3% of expenses). Other salaries and wages came to $4.5m. It paid $43k in professional fundraising fees. At year end it held assets of $46.4m against liabilities of $1.2m, net assets of $45.2m. It reported 47 employees.