Calvary Radio Network

Analysis

Calvary Radio Network is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in August 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Calvary Radio Network reported income of $752k and spending of $486k, leaving 35% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $595k to $752k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2022, when income rose by 97%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Calvary Radio Network sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Live Free Ministries ($752k), Global Mission Awareness ($752k) and Vision Ministry Inc ($752k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $48k. At year end it held assets of $754k against liabilities of $77k, net assets of $677k. It reported 2 employees.