Nami Prince Georges County MD Inc

Analysis

Nami Prince Georges County MD Inc is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in August 1982, 44 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 Prince Georges County MD Inc reported income of $495k and spending of $302k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $131k to $495k (+277%), an average of +56% a year. The sharpest change came in the year to December 2021, when income rose by 182%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Prince Georges County MD Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within MD. Charities of a similar size with the same main cause include Artspan ($495k), Covenant Nursery School ($495k) and Discovering Broadway Inc ($495k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $70k (23% of expenses). Other salaries and wages came to $81k. At year end it held assets of $350k against liabilities of $9,385, net assets of $341k. It reported 6 employees.