Naesm Inc

Analysis

Naesm Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Naesm Inc reported income of $5.0m and spending of $4.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $878k to $5.0m (+473%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 152%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Naesm Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Friendship Home Association ($5.0m), BBG Advanced Therapies ($5.0m) and Heartland Counseling Services Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $162k (3.3% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $1.5m against liabilities of $399k, net assets of $1.1m. It reported 37 employees.