Radio MV U-Turn Ministry

Analysis

Radio MV U-Turn Ministry is a registered charity in United States, based in Mount Vernon, WA. It received its IRS tax-exemption ruling in June 2006, 20 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, Radio MV U-Turn Ministry reported income of $618k and spending of $542k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $509k to $618k (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2020, when income rose by 70%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Radio MV U-Turn Ministry sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within WA. Charities of a similar size with the same main cause include Iglesia Bautista Monte Calvario ($618k), Upwords Inc ($618k) and Debre Haile Kidus Gebriel Ethiopian Orthodox Tewahedo Church Inc ($618k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $59k (11% of expenses). Other salaries and wages came to $93k. At year end it held assets of $558k against liabilities of $4,689, net assets of $553k. It reported 6 employees.