Astoria Media Inc

Analysis

Astoria Media Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Astoria Media Inc reported income of $1.5m and spending of $1.3m, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $1.3m to $1.5m (+16%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Astoria Media Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Honey Brook Community Library Chester County Library ($1.5m), Center for Curriculum Redesign ($1.5m) and Payson Community Christian School Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $123k (9.7% of expenses). Other salaries and wages came to $510k. At year end it held assets of $762k against liabilities of $151k, net assets of $611k. It reported 7 employees.