Tri State Broadcasting Assn Inc

Analysis

Tri State Broadcasting Assn Inc is a registered charity in United States, based in North Platte, NE. It received its IRS tax-exemption ruling in February 1962, 64 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 August 2024, Tri State Broadcasting Assn Inc reported income of $576k and spending of $587k, spending 102% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $461k to $576k (+25%), an average of +4.5% a year. The sharpest change came in the year to August 2021, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri State Broadcasting Assn Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NE. Charities of a similar size with the same main cause include Veterans Resource Group Inc ($576k), Trust Project ($576k) and The Immanuel Lutheran Church Foundation of Seymour Indiana Inc ($576k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 89% and program service revenue 10.0% of the total. Other salaries and wages came to $246k. At year end it held assets of $571k against liabilities of $2,589, net assets of $568k. It reported 4 employees.