Listeners Community Radio of Utah Inc Krcl-Fm

Analysis

Listeners Community Radio of Utah Inc Krcl-Fm is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in October 1976, 50 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, Listeners Community Radio of Utah Inc Krcl-Fm reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.4m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Listeners Community Radio of Utah Inc Krcl-Fm sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within UT. Charities of a similar size with the same main cause include Northland Lutheran Retirement Community Inc ($1.4m), Richland One Middle College at Midlands Technical College ($1.4m) and Westport Police Athletic League ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $665k. At year end it held assets of $3.1m against liabilities of $1.2m, net assets of $1.9m. It reported 16 employees.