Nanmma Inc

Analysis

Nanmma Inc is a registered charity in United States, based in South Plainfield, NJ. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Nanmma Inc reported income of $196k and spending of $199k, spending 101% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $301k to $196k (-35%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nanmma Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include SW Food Program Inc ($196k), Above the Clouds Inc ($196k) and Measure of Hearts Foundation ($196k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.