Heterodyne Broadcasting Company

Analysis

Heterodyne Broadcasting Company is a registered charity in United States, based in Carbondale, IL. It received its IRS tax-exemption ruling in January 1997, 29 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 December 2023, Heterodyne Broadcasting Company reported income of $60k and spending of $45k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $60k (+10%), an average of +10% a year. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heterodyne Broadcasting Company sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include East Contia Costa Historical Society ($60k), Eternal Flame of Hope Ministries Inc ($60k) and Lincoln Depot Foundation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 12% of the total. At year end it held assets of $126k against liabilities of $84k, net assets of $42k.