Redeemer Broadcasting Inc

Analysis

Redeemer Broadcasting Inc is a registered charity in United States, based in Olivebridge, NY. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Redeemer Broadcasting Inc reported income of $501k and spending of $619k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $428k to $501k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Redeemer Broadcasting Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 66th percentile within NY. Charities of a similar size with the same main cause include Sikh Centre of Seattle ($501k), Youth with a Mission Pittsburgh Inc ($501k) and Shiloh Bible Conference ($501k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $144k (23% of expenses). At year end it held assets of $355k against liabilities of $160k, net assets of $195k. It reported 2 employees.