Thin Air Community Radio

Analysis

Thin Air Community Radio is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in August 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thin Air Community Radio reported income of $442k and spending of $259k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $208k to $442k (+113%), an average of +113% a year. The sharpest change came in the year to December 2023, when income rose by 113%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Thin Air Community Radio sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Portland Revels ($442k), Koreanamericanstoryorg Inc ($442k) and Kids Join the Fight ($442k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $58k (22% of expenses). Other salaries and wages came to $56k. At year end it held assets of $233k against liabilities of $3,325, net assets of $229k. It reported 2 employees.