Nami Northern Virginia

Analysis

Nami Northern Virginia is a registered charity in United States, based in Oakton, VA. It received its IRS tax-exemption ruling in August 2018, 8 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 Northern Virginia reported income of $356k and spending of $394k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $763k to $356k (-53%), an average of -17% a year. The sharpest change came in the year to December 2021, when income dropped by 33%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Northern Virginia sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within VA. Charities of a similar size with the same main cause include Hopebound Ministries Inc ($356k), Metro Catholic Outreach ($356k) and Pheasants Forever Inc ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $96k (24% of expenses). Other salaries and wages came to $183k. At year end it held assets of $515k against liabilities of $90k, net assets of $425k. It reported 8 employees.