Nami Pinellas County Florida Inc

Analysis

Nami Pinellas County Florida Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in January 1988, 38 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 June 2023, Nami Pinellas County Florida Inc reported income of $1.5m and spending of $481k, leaving 67% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $153k to $1.5m (+862%), an average of +76% a year. The sharpest change came in the year to June 2023, when income rose by 619%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Pinellas County Florida 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 85th percentile within FL. Charities of a similar size with the same main cause include Seeking Independent Growth Now ($1.5m), Teamsters Convention Industry Training Fund ($1.5m) and Lions Volunteer Blind Industries Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 21% of the total. Other salaries and wages came to $189k. At year end it held assets of $1.4m against liabilities of $106k, net assets of $1.3m. It reported 5 employees.