Bloomington Community Radio Inc

Analysis

Bloomington Community Radio Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in August 1978, 48 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 September 2023, Bloomington Community Radio Inc reported income of $454k and spending of $431k, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $210k to $454k (+117%), an average of +21% a year. The sharpest change came in the year to September 2020, when income rose by 66%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bloomington Community Radio Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Insight for the Blind Inc ($454k), Diablo Regional Arts Association ($454k) and Keystone State Music Theater Association ($454k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 91% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $48k (11% of expenses). Other salaries and wages came to $201k. At year end it held assets of $569k against liabilities of $18k, net assets of $551k. It reported 7 employees.