Radio Redentor

Analysis

Radio Redentor is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in May 2019, 7 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 Redentor reported income of $1.3m and spending of $1.4m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $880k to $1.3m (+49%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Radio Redentor sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 76th percentile within PR. Charities of a similar size with the same main cause include Jewish Discovery Center Inc ($1.3m), J David and Rebecca Heller Family Foundation ($1.3m) and Fundamental Baptist Mission to India Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $119k (8.3% of expenses). Other salaries and wages came to $294k. At year end it held assets of $2.8m against liabilities of $2.6m, net assets of $227k. It reported 14 employees.