Nami Western Carolina Inc

Analysis

Nami Western Carolina Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in September 1988, 38 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 Western Carolina Inc reported income of $142k and spending of $127k, spending 89% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $28k to $142k (+414%), an average of +72% a year. The sharpest change came in the year to December 2022, when income rose by 481%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Western Carolina Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Organization of Chinese Americans Inc ($142k), Newport Service Organization ($142k) and Association of Notre Dame Clubs Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.8% of the total. At year end it held assets of $313k against liabilities of $1,025, net assets of $312k.