Nami Marin Inc

Analysis

Nami Marin Inc is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in January 1984, 42 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 Marin Inc reported income of $180k and spending of $203k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income fell from $227k to $180k (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2023, when income dropped by 45%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Marin Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Franson-Risberg Memorial Mission ($180k), Tri-Cities Youth Soccer Association ($180k) and Faribault Area Training and Education Foundation ($180k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $244k against liabilities of $58, net assets of $244k.