Nami San Mateo County

Analysis

Nami San Mateo County is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in April 1980, 46 years ago. 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, Nami San Mateo County reported income of $901k and spending of $946k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $355k to $901k (+154%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami San Mateo County sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Florida Council on Aging Inc ($901k), New Mexico Child Advocacy Networks ($901k) and North Haven Interfaith Housing Inc ($901k).

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 $155k (16% of expenses). Other salaries and wages came to $382k. At year end it held assets of $568k against liabilities of $13k, net assets of $555k.