Overseas Radio & Television Inc

Analysis

Overseas Radio & Television Inc is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1962, 64 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Overseas Radio & Television Inc reported income of $507k and spending of $355k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $507k (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 63% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Overseas Radio & Television Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within WA. Charities of a similar size with the same main cause include Al-Bustan Seeds of Culture ($507k), Scripture Memory Fellowship International ($507k) and Monica Bill Barnes & Company ($506k).

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 $99k (28% of expenses). Other salaries and wages came to $122k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 2 employees.