Friends of Radio Maria Inc

Analysis

Friends of Radio Maria Inc is a registered charity in United States, based in Ridgewood, NY. It received its IRS tax-exemption ruling in July 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, Friends of Radio Maria Inc reported income of $138k and spending of $130k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $138k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. 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, Friends of Radio Maria Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Sandusky Junior Sailors Inc ($138k), The Tallahassee Community Chorus Inc ($138k) and Black Buffalo Global Missions ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. Other salaries and wages came to $20k. At year end it held assets of $250k against liabilities of $0, net assets of $250k. It reported 1 employees.