Radio Free Georgia Broadcasting Foundation Inc

Analysis

Radio Free Georgia Broadcasting Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 1972, 54 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 Free Georgia Broadcasting Foundation Inc reported income of $250k and spending of $297k, spending 119% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $200k to $250k (+25%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 109% 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 Free Georgia Broadcasting Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Clarksdale Downtown Development ($250k), Multicultural Music Group Inc ($250k) and Arizona Arts Circle Ltd ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $30k (10% of expenses). Other salaries and wages came to $60k. At year end it held assets of $111k against liabilities of $191k, net assets of -$79k. It reported 4 employees.