National Alliance on Mental Illness -New Mexico Nami-Nm

Analysis

National Alliance on Mental Illness -New Mexico Nami-Nm is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in February 1992, 34 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 June 2024, National Alliance on Mental Illness -New Mexico Nami-Nm reported income of $344k and spending of $204k, leaving 41% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $122k to $344k (+182%), an average of +23% a year. The sharpest change came in the year to June 2021, when income rose by 173%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Alliance on Mental Illness -New Mexico Nami-Nm sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within NM. Charities of a similar size with the same main cause include Texarkana Historical Society and Museum ($344k), Christs Kitchen ($344k) and Lions Eye Bank of NW Pa Inc ($344k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 105% of the total. Other salaries and wages came to $110k. At year end it held assets of $581k against liabilities of $41k, net assets of $541k. It reported 3 employees.