Nami of Southern Nevada

Analysis

Nami of Southern Nevada is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in April 1984, 42 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 December 2023, Nami of Southern Nevada reported income of $1.1m and spending of $843k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $279k to $1.1m (+298%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nami of Southern Nevada sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NV. Charities of a similar size with the same main cause include Matthew 25 Incorporated ($1.1m), New Windsor Fire & Hose Co 1 ($1.1m) and Childrens Therapy Center of the Quad Cities NFP ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $108k (13% of expenses). Other salaries and wages came to $386k. At year end it held assets of $667k against liabilities of $95k, net assets of $572k. It reported 19 employees.