Ktoo Public Media

Analysis

Ktoo Public Media is a registered charity in United States, based in Juneau, AK. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Ktoo Public Media reported income of $3.2m and spending of $3.7m, spending 116% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income fell from $3.9m to $3.2m (-19%), an average of -10% a year. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ktoo Public Media sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within AK. Charities of a similar size with the same main cause include Ocean County Private Industry Council Inc ($3.2m), First Capital Enterprises Inc ($3.2m) and University Heights Association Inc ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $354k (9.6% of expenses). Other salaries and wages came to $692k. At year end it held assets of $5.7m against liabilities of $2.7m, net assets of $3.0m. It reported 37 employees.