Nami Texas Inc

Analysis

Nami Texas Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in November 1985, 41 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Nami Texas Inc reported income of $734k and spending of $806k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $545k to $734k (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nami Texas Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Duncan Regional Hospital Health Foundation ($734k), Hold Your Horses ($734k) and Bondage Breakers Outreach Ministries Inc ($733k).

On its Form 990 for the period ending December 2023, 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 $75k (9.3% of expenses). Other salaries and wages came to $337k. At year end it held assets of $1.3m against liabilities of $370k, net assets of $900k. It reported 9 employees.