WRVM Inc

Analysis

WRVM Inc is a registered charity in United States, based in Suring, WI. It received its IRS tax-exemption ruling in April 1970, 56 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, WRVM Inc reported income of $1.5m and spending of $1.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.5m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, WRVM Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WI. Charities of a similar size with the same main cause include Fort Liberty Schools Cafeteria Fund ($1.5m), Scarsdale Volunteer Ambulance Corps Inc ($1.5m) and Amateur Hockey Association of Missouri Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 28% of the total. Other salaries and wages came to $566k. At year end it held assets of $2.1m against liabilities of $185k, net assets of $1.9m.