Radio Technical Commission for Maritime Services

Analysis

Radio Technical Commission for Maritime Services is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in February 1952, 74 years ago. Its declared purposes cover science and technology, 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 September 2023, Radio Technical Commission for Maritime Services reported income of $388k and spending of $400k, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $340k to $388k (+14%), an average of +3.4% a year. The sharpest change came in the year to September 2023, when income rose by 16%. Over the whole period it spent 83% 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 Technical Commission for Maritime Services sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within VA. Charities of a similar size with the same main cause include Mercury Soul Inc ($388k), The Westmoreland Players Inc ($388k) and Museum of Friends ($388k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $92k (23% of expenses). Other salaries and wages came to $100k. At year end it held assets of $520k against liabilities of $154k, net assets of $366k. It reported 2 employees.