Tri-Cities Broadcasting Foundation Inc

Analysis

Tri-Cities Broadcasting Foundation Inc is a registered charity in United States, based in Grand Haven, MI. It received its IRS tax-exemption ruling in August 2015, 11 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 March 2023, Tri-Cities Broadcasting Foundation Inc reported income of $268k and spending of $218k, spending 81% of its income. Across the 3 years on record, from March 2021 to March 2023, income grew from $189k to $268k (+42%), an average of +19% a year. The sharpest change came in the year to March 2023, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tri-Cities Broadcasting Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within MI. Charities of a similar size with the same main cause include Split This Rock Inc ($268k), Ely Folk School ($268k) and Camelot Days Inc ($268k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $92k (42% of expenses). At year end it held assets of $124k against liabilities of $32k, net assets of $92k. It reported 1 employees.