Khoi FM

Analysis

Khoi FM is a registered charity in United States, based in Ames, IA. It received its IRS tax-exemption ruling in July 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 June 2023, Khoi FM reported income of $336k and spending of $139k, leaving 59% of income unspent that year. Across the 2 years on record, from June 2021 to June 2023, income grew from $305k to $336k (+9.9%), an average of +9.9% a year. Over the whole period it spent 44% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Khoi FM 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 64th percentile, and in the 66th percentile within IA. Charities of a similar size with the same main cause include North Country Chamber Players Inc ($336k), National Conservatory of Dramatic Arts ($336k) and Hardacre Theater Preservation Association ($336k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $66k. At year end it held assets of $469k against liabilities of $1,577, net assets of $467k. It reported 3 employees.