Nami Hernando Inc

Analysis

Nami Hernando Inc is a registered charity in United States, based in Spring Hill, FL. It received its IRS tax-exemption ruling in October 1987, 39 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 Hernando Inc reported income of $263k and spending of $247k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $128k to $263k (+105%), an average of +20% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Hernando Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include D Estee Inc ($263k), PTA California Congress of Parents Teachers & Students Inc ($263k) and Volunteers of America Inc ($263k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $176k. At year end it held assets of $201k against liabilities of $0, net assets of $201k. It reported 1 employees.