Nami Wake County

Analysis

Nami Wake County is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in July 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nami Wake County reported income of $172k and spending of $332k, spending 194% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $197k to $172k (-13%), an average of -4.4% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Wake County sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within NC. Charities of a similar size with the same main cause include John H McConnell Foundation ($172k), The Vacaville Quarterback Club Inc ($172k) and Shelby Youth Sports Inc ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $104k (31% of expenses). Other salaries and wages came to $111k. At year end it held assets of $238k against liabilities of $18k, net assets of $220k. It reported 6 employees.