Naums Inc

Analysis

Naums Inc is a registered charity in United States, based in Wylie, TX. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Naums Inc reported income of $578k and spending of $654k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $478k to $578k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Naums Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include US Green Building Council-West Michigan Chapter ($578k), Village Nursery School Inc ($578k) and Life That Counts ($578k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. Other salaries and wages came to $319k. At year end it held assets of $460k against liabilities of $233k, net assets of $227k. It reported 11 employees.