Educational Information Corporation Wcpe Radio

Analysis

Educational Information Corporation Wcpe Radio is a registered charity in United States, based in Wake Forest, NC. It received its IRS tax-exemption ruling in September 1974, 52 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 July 2023, Educational Information Corporation Wcpe Radio reported income of $2.0m and spending of $1.8m, spending 92% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.8m to $2.0m (+6.8%), an average of +1.7% a year. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Educational Information Corporation Wcpe Radio sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NC. Charities of a similar size with the same main cause include Woodlawn Conservancy Inc ($2.0m), Uptown Entertainment Alliance ($2.0m) and Delray Beach Playhouse Inc ($2.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $91k (5.1% of expenses). Other salaries and wages came to $834k. At year end it held assets of $10.6m against liabilities of $19k, net assets of $10.6m. It reported 34 employees.