Radio Free Asia: $64.6M Revenue, $65.0M Expenses

Radio Free Asia grades a B on the NonprofitTruth efficiency rubric. 74/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.

At $64.6M in 2023 revenue, Radio Free Asia sits in the mid-range of the U.S. nonprofit distribution. Most organizations of this scale operate regionally or focus on a single program area. On the reserves factor, Radio Free Asia scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).

Revenue trend is mildly positive across the five-year filing window — modest growth, consistent with stable funding sources keeping pace with organizational costs. Officer compensation is modest relative to organizational size: Radio Free Asia reports $959,444 in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $64.6M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. Radio Free Asia sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.