Nami Mississippi

Analysis

Nami Mississippi is a registered charity in United States, based in Ridgeland, MS. It received its IRS tax-exemption ruling in October 1992, 34 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 2024, Nami Mississippi reported income of $410k and spending of $411k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $242k to $410k (+70%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 36%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Mississippi sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MS. Charities of a similar size with the same main cause include LA Vista Club for the Sightless Inc ($410k), Bonita Springs Assistance Office Inc ($410k) and Leadership Lake County Inc ($410k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $57k (14% of expenses). Other salaries and wages came to $37k. At year end it held assets of $328k against liabilities of $313, net assets of $327k. It reported 2 employees.