Holy Family Radio Inc

Analysis

Holy Family Radio Inc is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in February 2002, 24 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 June 2023, Holy Family Radio Inc reported income of $117k and spending of $138k, spending 119% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $210k to $117k (-44%), an average of -44% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. 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, Holy Family Radio Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within PA. Charities of a similar size with the same main cause include Springfield Symphony Orchestra Violet M Turner TR ($117k), Mt Salem Ministries ($117k) and Association for Chaplaincy and Spiritual Life in Higher Education ($117k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 7.7% of the total. At year end it held assets of $201k against liabilities of $204k, net assets of -$2,562.