Nami Florida Inc

Analysis

Nami Florida Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in October 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 Florida Inc reported income of $467k and spending of $543k, spending 116% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $256k to $467k (+83%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Florida Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Atlanta and Edgewood Street Railway Company ($467k), Key West Police Athletic League Inc ($467k) and Angel Force USA ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. Other salaries and wages came to $250k. At year end it held assets of $372k against liabilities of $34k, net assets of $338k.