Nami Gulf Coast

Analysis

Nami Gulf Coast is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 1990, 36 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 December 2023, Nami Gulf Coast reported income of $246k and spending of $346k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $421k to $246k (-42%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami Gulf Coast sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Warriors Rock ($246k), Clallam County Pro Bono Lawyers ($246k) and Alligator Aquatics ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $58k (17% of expenses). Other salaries and wages came to $167k. At year end it held assets of $399k against liabilities of $4,270, net assets of $395k. It reported 4 employees.