Radio Salvacion

Analysis

Radio Salvacion is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 1990, 36 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, Radio Salvacion reported income of $212k and spending of $352k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $277k to $212k (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Radio Salvacion sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Society for Marine Mamalogy ($212k), Centennial State Ballet ($212k) and Clues Real Estate Holding Company ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $35k (9.9% of expenses). Other salaries and wages came to $60k. At year end it held assets of $495k against liabilities of $494k, net assets of $1,794. It reported 4 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.