Nami Greater Houston

Analysis

Nami Greater Houston is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 1988, 38 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, Nami Greater Houston reported income of $1.2m and spending of $807k, leaving 33% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $526k to $1.2m (+129%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nami Greater Houston sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include United Way of Lake and Sumter Counties Inc ($1.2m), Bellarmine Benefactors Trust ($1.2m) and Suffolk Foundation ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $93k (12% of expenses). Other salaries and wages came to $260k. At year end it held assets of $553k against liabilities of $0, net assets of $553k. It reported 14 employees.