Nami Fairbanks

Analysis

Nami Fairbanks is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in February 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Nami Fairbanks reported income of $206k and spending of $193k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $206k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nami Fairbanks sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 50th percentile within AK. Charities of a similar size with the same main cause include Green Wave Athletic Boosters ($206k), Alcovets ($206k) and St Andrews Academy ($206k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (32% of expenses). Other salaries and wages came to $9,034. At year end it held assets of $121k against liabilities of $327, net assets of $121k. It reported 1 employees.