Friends of Public Radio Inc

Analysis

Friends of Public Radio Inc is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in September 1980, 46 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 June 2024, Friends of Public Radio Inc reported income of $1.8m and spending of $1.9m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $1.8m (+7.1%), an average of +1.7% a year. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Public Radio Inc 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 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include Furry Weekend Atlanta Inc ($1.8m), Advocate Media - Dallas Inc ($1.8m) and Educational Broadcasting Foundation Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $805k. At year end it held assets of $2.7m against liabilities of $412k, net assets of $2.2m. It reported 17 employees.