Radio Maria Inc

Analysis

Radio Maria Inc is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in November 1999, 27 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 Maria Inc reported income of $615k and spending of $732k, spending 119% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income grew from $430k to $615k (+43%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Radio Maria Inc 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 LA. Charities of a similar size with the same main cause include Exponent Group Inc ($615k), Afm Ministry Inc ($616k) and The Academy at True Sanctuary of Praise Inc ($615k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $216k. At year end it held assets of $1.7m against liabilities of $1.0m, net assets of $649k. It reported 5 employees.