Nami Georgia Inc

Analysis

Nami Georgia Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in December 1986, 40 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 April 2024, Nami Georgia Inc reported income of $1.4m and spending of $1.7m, spending 118% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income fell from $1.7m to $1.4m (-13%), an average of -2.7% a year. The sharpest change came in the year to April 2020, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Georgia Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Big Brothers Big Sisters of Greater ($1.4m), Ucar Exchange ($1.4m) and St Paul Plumbers Joint Journeymen & Apprentice Training Trust ($1.4m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $139k (8.1% of expenses). Other salaries and wages came to $711k. At year end it held assets of $970k against liabilities of $195k, net assets of $775k. It reported 26 employees.