32 North Media Inc

Analysis

32 North Media Inc is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, 32 North Media Inc reported income of $1.2m and spending of $1.5m, spending 124% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $1.3m to $1.2m (-9.2%), an average of -2.4% a year. The sharpest change came in the year to March 2021, when income rose by 141%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 32 North Media Inc 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 81st percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include American Friends of Lman Achai Inc ($1.2m), Pioneer Missions Global ($1.2m) and Together for Israel Inc ($1.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $928k against liabilities of $49k, net assets of $879k.