Radius Books Inc

Analysis

Radius Books Inc is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Radius Books Inc reported income of $1.7m and spending of $1.1m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $860k to $1.7m (+97%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 163%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Radius Books Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within NM. Charities of a similar size with the same main cause include Graham Gund Gallery ($1.7m), Foundation for Marine Ecology and Telemetry Research ($1.7m) and Council of Korean Americans Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $102k (9.5% of expenses). Other salaries and wages came to $264k. At year end it held assets of $4.9m against liabilities of $917k, net assets of $4.0m. It reported 7 employees.