Guam Educational Radio Foundation

Analysis

Guam Educational Radio Foundation is a registered charity in United States, based in Mangilao, GU. It received its IRS tax-exemption ruling in August 2008, 18 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 September 2023, Guam Educational Radio Foundation reported income of $532k and spending of $416k, leaving 22% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $455k to $532k (+17%), an average of +3.9% a year. The sharpest change came in the year to September 2022, when income dropped by 26%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Guam Educational Radio Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 58th percentile within GU. Charities of a similar size with the same main cause include Connecticut Radio Information System Inc ($531k), Prosper Band Booster Club ($532k) and Virginia African American Cultural Center ($531k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $156k. At year end it held assets of $687k against liabilities of $0, net assets of $687k. It reported 5 employees.