Catholic Radio Network Inc

Analysis

Catholic Radio Network Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Catholic Radio Network Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.4m to $1.1m (-23%), an average of -5.0% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Catholic Radio Network Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within MO. Charities of a similar size with the same main cause include SCS Store Inc ($1.1m), Northeast of the Well ($1.1m) and Dbi Partnership Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $50k (4.6% of expenses). Other salaries and wages came to $116k. At year end it held assets of $3.3m against liabilities of $37k, net assets of $3.2m. It reported 4 employees.