Wimberley Valley Radio

Analysis

Wimberley Valley Radio is a registered charity in United States, based in Wimberley, TX. It received its IRS tax-exemption ruling in November 2013, 13 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 May 2023, Wimberley Valley Radio reported income of $331k and spending of $377k, spending 114% of what it took in. Across the 3 years on record, from May 2021 to May 2023, income grew from $231k to $331k (+43%), an average of +20% a year. The sharpest change came in the year to May 2022, when income rose by 69%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wimberley Valley Radio 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 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Discovery Language Academy Inc ($331k), Schmahl Science Workshops ($331k) and Strategic Deterrent Coalition ($331k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 120% of the total. Other salaries and wages came to $158k. At year end it held assets of $201k against liabilities of $70k, net assets of $131k. It reported 7 employees.