Wicn Public Radio Inc

Analysis

Wicn Public Radio Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in February 1970, 56 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 June 2023, Wicn Public Radio Inc reported income of $597k and spending of $611k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $449k to $597k (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2020, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wicn Public Radio Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include The International Focusing Institute Inc ($597k), New Jersey Workshop for the Arts in C ($597k) and St Lawrence Housing II Inc ($597k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $111k (18% of expenses). Other salaries and wages came to $170k. At year end it held assets of $453k against liabilities of $34k, net assets of $420k. It reported 9 employees.