Divine Mercy Radio Inc

Analysis

Divine Mercy Radio Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in August 2010, 16 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 (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, Divine Mercy Radio Inc reported income of $324k and spending of $227k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $233k to $324k (+39%), an average of +8.7% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 58% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Divine Mercy Radio Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NC. Charities of a similar size with the same main cause include Mankato Suzuki School of Music Inc ($324k), River Tree Arts ($324k) and NVLD Project Inc ($324k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $59k. It paid $24k in professional fundraising fees. At year end it held assets of $995k against liabilities of $847, net assets of $994k. It reported 2 employees.