Real Presence Radio

Analysis

Real Presence Radio is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in March 2001, 25 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, Real Presence Radio reported income of $2.1m and spending of $2.3m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.2m to $2.1m (-7.5%), an average of -1.9% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Real Presence Radio sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within ND. Charities of a similar size with the same main cause include South Boston-Halifax County Museum of Fine Arts and History ($2.1m), Dance Place ($2.1m) and Women in Dso Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $126k (5.5% of expenses). Other salaries and wages came to $682k. At year end it held assets of $4.4m against liabilities of $2.1m, net assets of $2.3m. It reported 24 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.