Nami North Texas

Analysis

Nami North Texas is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 1983, 43 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 North Texas reported income of $491k and spending of $499k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $335k to $491k (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami North Texas sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Bridging Community Resources ($491k), Pickering Foundation ($491k) and Lower East Side Printshop Inc ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $106k (21% of expenses). Other salaries and wages came to $207k. At year end it held assets of $570k against liabilities of $14k, net assets of $555k. It reported 8 employees.