Northern Community Radio

Analysis

Northern Community Radio is a registered charity in United States, based in Grand Rapids, MN. It received its IRS tax-exemption ruling in November 1972, 54 years ago. 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 September 2023, Northern Community Radio reported income of $1.6m and spending of $1.4m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $1.6m (+47%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northern Community Radio sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MN. Charities of a similar size with the same main cause include Columbia-Greene Habitat for Humanity Inc ($1.6m), Mennonite Church Buildings Inc ($1.6m) and Maximum Legal Services Corporation 1108 Nuuanu Ave ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 81% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $78k (5.5% of expenses). Other salaries and wages came to $539k. At year end it held assets of $2.6m against liabilities of $255k, net assets of $2.4m. It reported 17 employees.