Community Radio Inc

Analysis

Community Radio Inc is a registered charity in United States, based in Alvin, TX. It received its IRS tax-exemption ruling in January 1986, 40 years ago. 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, Community Radio Inc reported income of $336k and spending of $331k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $336k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 161%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Radio Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Waldorf Institute of Southern California ($336k), Bonita Inc ($336k) and North Myrtle Beach Rescue Squad ($336k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $71k (21% of expenses). Other salaries and wages came to $67k. At year end it held assets of $627k against liabilities of $0, net assets of $627k. It reported 6 employees.