Nami-Virginia

Analysis

Nami-Virginia is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in August 1991, 35 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 June 2023, Nami-Virginia reported income of $1.4m and spending of $913k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $857k to $1.4m (+62%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami-Virginia sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within VA. Charities of a similar size with the same main cause include State University College at Oswego Student Association ($1.4m), Community Alliance Foundation ($1.4m) and Mansio Montessori of Geneva Ltd ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $94k (10% of expenses). Other salaries and wages came to $358k. At year end it held assets of $2.0m against liabilities of $284k, net assets of $1.7m. It reported 14 employees.