Northern Broadcast Ministries Inc

Analysis

Northern Broadcast Ministries Inc is a registered charity in United States, based in Caribou, ME. It received its IRS tax-exemption ruling in October 1994, 32 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, Northern Broadcast Ministries Inc reported income of $121k and spending of $132k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $121k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northern Broadcast Ministries Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 35th percentile within ME. Charities of a similar size with the same main cause include Florida Defenders of the Environment Inc ($121k), South Carolina Congress of Parents and Teachers ($121k) and Natchitoches Community Alliance Foundation ($121k).

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 $74k against liabilities of $0, net assets of $74k.