Abounding Grace Radio

Analysis

Abounding Grace Radio is a registered charity in United States, based in Lynden, WA. It received its IRS tax-exemption ruling in February 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Abounding Grace Radio reported income of $178k and spending of $178k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $190k to $178k (-6.1%), an average of -1.6% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Abounding Grace Radio sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include Pax Amicus Foundation ($178k), Harlem Arts Alliance ($179k) and Bundy Museum of History and Art ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $262k against liabilities of $0, net assets of $262k.