Kmoc FM

Analysis

Kmoc FM is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in March 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Kmoc FM reported income of $426k and spending of $458k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $378k to $426k (+13%), an average of +3.0% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kmoc FM sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include King Harbor Youth Foundation Inc ($426k), Arc Retreat Community ($426k) and Society for Advanced Body Imaging ($426k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $71k (16% of expenses). Other salaries and wages came to $134k. At year end it held assets of $264k against liabilities of $75, net assets of $264k. It reported 8 employees.