Nami Central Texas

Analysis

Nami Central Texas is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 1985, 41 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 Central Texas reported income of $556k and spending of $764k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $722k to $556k (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Central Texas sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include St Vincent Anderson Regional Hospital Foundation Inc ($556k), Shelby Emergency Assistance Inc ($556k) and Public Assets Institute Inc ($556k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $135k (18% of expenses). Other salaries and wages came to $321k. At year end it held assets of $650k against liabilities of $22k, net assets of $628k. It reported 12 employees.