Radio Free Asia
1050 Connecticut Ave NW Ste 500, Washington, DC · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $68,856,688 | $70,524,114 | $7,156,454 |
| FY2024 | $75,433,462 | $76,341,148 | $7,430,657 |
| FY2023 | $64,555,316 | $64,997,659 | $3,389,926 |
| FY2022 | $50,768,718 | $51,086,175 | $2,072,071 |
| FY2021 | $48,612,809 | $48,942,603 | $1,735,073 |
| FY2020 | $54,095,642 | $54,471,929 | $867,395 |
| FY2019 | $55,114,133 | $55,524,412 | $1,436,150 |
| FY2018 | $51,369,784 | $51,741,971 | $2,395,188 |
| FY2017 | $50,952,836 | $51,413,596 | $1,538,171 |
| FY2016 | $50,698,901 | $51,191,563 | -$538,235 |
| FY2015 | $46,313,052 | $46,819,271 | $106,524 |
| FY2014 | $40,464,629 | $41,023,443 | $453,124 |
| FY2013 | $42,464,748 | $43,175,598 | $1,612,790 |
| FY2012 | $39,860,849 | $40,695,467 | $88,262 |
Form 990 filings
The returns filed by Radio Free Asia (EIN 52-1968145), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $68,856,688 | 100% |
| Program service revenue | $0 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $43,749,110 | 62% |
| Management & general | $26,775,004 | 38% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 100% of total revenue in FY2025.
- Program services accounted for 62% of functional expenses, management & general 38%, and fundraising 0%.
- 62% of functional expenses went to program services in FY2025. That is higher than 3.2% of 31 Arts, Culture & Humanities organizations in DC.
- Net assets covered about 1.2 months of expenses at the end of the reporting year. That puts it in the 15th percentile among 401 Arts, Culture & Humanities organizations in DC.
- Total revenue was higher than 98.8% of 412 Arts, Culture & Humanities organizations in DC.
- Total revenue rose from $39,860,849 in FY2012 to $68,856,688 in FY2025. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 14 of 14 reported years (FY2012, FY2013, FY2014, FY2015, FY2016, FY2017, FY2018, FY2019, FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $75,433,462 in FY2024.
- Net assets grew from $88,262 to $7,156,454 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
PROVIDE NEWS AND INFORMATION TO ASIAN COUNTRIES WHOSE GOVERNMENTS PROHIBIT ACCESS TO A FREE PRESS.
IRS status
| Ruling year | 1996 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | A340 — Arts, Culture & Humanities (in DC) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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