Radio & Television News Directors Foundation

Analysis

Radio & Television News Directors Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Radio & Television News Directors Foundation reported income of $588k and spending of $380k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $379k to $588k (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Radio & Television News Directors Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 46th percentile within DC. Charities of a similar size with the same main cause include St Francis House ($588k), Belvedere Early Learning Center Inc ($588k) and Fluvanna-Louisa Housing Foundation ($588k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $111k. At year end it held assets of $2.7m against liabilities of $390k, net assets of $2.3m.