Association of Independents in Radio Inc

Analysis

Association of Independents in Radio Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1991, 35 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, Association of Independents in Radio Inc reported income of $293k and spending of $684k, spending 234% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $849k to $293k (-66%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 80%. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Independents in Radio Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Castlebay Lane Elementary School Parents and Teachers Helping ($293k), Uncommon Grit Foundation Inc ($293k) and Adams Central Schools Foundation ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $152k (22% of expenses). Other salaries and wages came to $186k. At year end it held assets of $688k against liabilities of $93k, net assets of $595k. It reported 6 employees.