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Radio Training Network Inc

RegisteredEIN 58-1585542Greenville, SCReligion
Income$36.9m2023-12
Spending$27.9msame year
Spent / received76%5-year average
Size in its cause100th pctReligion
Exempt since1985Publicly supported organisat
Employees133latest return

Analysis

Radio Training Network Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Training Network Inc reported income of $36.9m and spending of $27.9m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $27.1m to $36.9m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Radio Training Network Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within SC. Charities of a similar size with the same main cause include Jericho Road Ministries ($36.5m), Christus Northeast Texas and Northern Louisiana Health System C ($37.1m) and Forafrika ($35.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $1.6m (5.9% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $94.1m against liabilities of $16.5m, net assets of $77.7m. It reported 133 employees.

Income and spending

$0$9.2m$18.4m$27.7m$36.9m2019 Income: $27,116,7802019 Spending: $21,306,94620192020 Income: $26,115,3092020 Spending: $19,975,84320202021 Income: $30,620,5972021 Spending: $22,663,41820212022 Income: $34,874,7262022 Spending: $25,804,13020222023 Income: $36,866,6992023 Spending: $27,904,1442023
IncomeSpending

Where the income comes from

  • Contributions & grants 65%
  • Program services 24%
  • Other 11%

Similar-sized charities, same cause

CharityLocationIncome
Jericho Road MinistriesBuffalo$36.5m
Christus Northeast Texas and Northern Louisiana Health System CIrving$37.1m
ForafrikaWashington$35.2m
Mobile Loaves & Fishes IncAustin$37.6m