Alma Radio Inc

Analysis

Alma Radio Inc is a registered charity in United States, based in New Haven, CT. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Alma Radio Inc reported income of $91k and spending of $87k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $104k to $91k (-13%), an average of -13% a year. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Alma Radio Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within CT. Charities of a similar size with the same main cause include Twenty Eighth Church of Christ Scientist ($91k), Hope Awakened Ministries ($91k) and Developing Leaders Ministries ($91k).

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 $84k against liabilities of $30k, net assets of $54k.