Mid-Shore Community Radio Inc

Analysis

Mid-Shore Community Radio Inc is a registered charity in United States, based in Cambridge, MD. It received its IRS tax-exemption ruling in March 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, Mid-Shore Community Radio Inc reported income of $282k and spending of $245k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $282k (+442%), an average of +442% a year. The sharpest change came in the year to December 2023, when income rose by 442%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mid-Shore Community Radio Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MD. Charities of a similar size with the same main cause include Rising Star Theatre Company ($282k), Santa Monica Historical Society Inc ($282k) and Le Sueur County Pioneer Power Association ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $64k. At year end it held assets of $173k against liabilities of $11k, net assets of $163k. It reported 7 employees.