Redwood Empire Public Television

Analysis

Redwood Empire Public Television is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in July 1968, 58 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 June 2023, Redwood Empire Public Television reported income of $1.9m and spending of $2.2m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.9m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 54%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Redwood Empire Public Television sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Seedlings to Sunflowers ($1.9m), Luminarts Cultural Foundation at the Union League Club of Chicago ($1.9m) and The Dance Brigade a New Group From Wallflower Order ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 1.4% of the total. Compensation of current officers, directors and key employees was $277k (12% of expenses). Other salaries and wages came to $478k. It paid $29k in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $349k, net assets of $1.2m. It reported 15 employees.