Nimml Institute Inc

Analysis

Nimml Institute Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover medical research, 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 2022, Nimml Institute Inc reported income of $536k and spending of $497k, spending 93% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $5.3m to $536k (-90%), an average of -90% a year. The sharpest change came in the year to December 2022, when income dropped by 90%. Over the whole period it spent 11% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nimml Institute Inc 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 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Equine-Assisted Therapy Inc ($536k), Womens Hospital Foundation Inc ($536k) and Orthopaedic Innovation Technology Center Inc ($536k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 51% of the total. Compensation of current officers, directors and key employees was $123k (25% of expenses). Other salaries and wages came to $31k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 3 employees.