Ocracoke Community Radio

Analysis

Ocracoke Community Radio is a registered charity in United States, based in Ocracoke, NC. It received its IRS tax-exemption ruling in September 2011, 15 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, Ocracoke Community Radio reported income of $57k and spending of $53k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $87k to $57k (-34%), an average of -9.9% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ocracoke Community Radio sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Cape Cod Chorale ($57k), Historic Sandusky Foundation Inc ($57k) and Littleton Fine Arts Guild Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $1,440 (2.7% of expenses). Other salaries and wages came to $17k. At year end it held assets of $149k against liabilities of -$669, net assets of $149k. It reported 3 employees.