Northshore Radio Inc

Analysis

Northshore Radio Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in November 2020, 6 years ago. 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, Northshore Radio Inc reported income of $182k and spending of $233k, spending 128% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $194k to $182k (-6.5%), an average of -3.3% a year. Over the whole period it spent 140% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northshore Radio Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within LA. Charities of a similar size with the same main cause include Lieutenant Paul J Sullivan Charitable Trust ($182k), School Business Partnerships of Long Island Inc ($182k) and Central Minnesota Libraries Exchange ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. At year end it held assets of $3,456 against liabilities of $612k, net assets of -$609k.