Ithaca Community Radio Inc

Analysis

Ithaca Community Radio Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in November 2018, 8 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, Ithaca Community Radio Inc reported income of $175k and spending of $177k, spending 102% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $131k to $175k (+33%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 49%. 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, Ithaca Community Radio Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Appleton Boychoir Inc ($175k), Motherland Center for Arts and Culture ($175k) and Api Initiative Inc ($175k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $154k against liabilities of $78, net assets of $154k.