Nanak Naam

Analysis

Nanak Naam is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Nanak Naam reported income of $122k and spending of $268k, spending 220% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $108k to $122k (+13%), an average of +6.5% a year. The sharpest change came in the year to December 2022, when income rose by 38%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nanak Naam sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Berea Interfaith Task Force for Peace Inc ($122k), American Friends of BH Foundation Inc ($122k) and Iglesia Cristiana Fuente En El Desierto ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.