Radio Free Asia
62% goes to programs $0 to raise $100 Growing revenue
Radio Free Asia is a 501(c)(3) organization based in Washington, District of Columbia, registered in 1996, with $75,433,462 in FY2023 revenue. CharityIndex grades it B, and it directs about 62% of spending to programs.
2025 M St Nw Ste 300, Washington, DC, 20036 EIN 52-1968145 Since 1996
Revenue (FY2023)
$75.4M
▲ 16.9% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$76.3M
Net assets
$7.4M
Employees
350
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating62% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Radio Free Asia: 62% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Radio Free Asia: 1 mo reserves · -1% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Radio Free Asia: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Radio Free Asia: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Provide news and information to asian countries whose governments prohibit access to a free press.
What they do
Benarnews & indo-pacific stability project (ipsp) : on march 1, 2015, u.s. agency for global media (usagm) launched project benarnews which publishes in five languages - bengali, thai, bahasa malaysia, bahasa indonesia, and english. in april 2016, rfa was granted an award to develop multi-media counter terrorism products designed to address terrorism concerns in the indo-asia region.
Contact & location
- Address
- 2025 M St Nw Ste 300, Washington, DC, 20036
- City
- Washington
- State
- District of Columbia
- Category
- Arts, Culture & Humanities
- Subcategory
- Media & Communications
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $40.5M (FY2013) to $75.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $47.9MNet assets $7.4M
Operating margin
-1.2%
Spent more than it raised in the latest fiscal year.
Total assets
$55.4M
Total liabilities
$47.9M
Net assets
$7.4M
Salaries & benefits
$49.5M
65% of expenses
Board members
7
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $75,433,462▲16.9% | $76,341,148▲17.5% | $7,430,657▲119% | $55,351,551▼7.8% | 990 |
| 2022 | $64,555,316▲27.2% | $64,997,659▲27.2% | $3,389,926▲63.6% | $60,043,954▲101% | 990 |
| 2021 | $50,768,718▲4.4% | $51,086,175▲4.4% | $2,072,071▲19.4% | $29,937,817▲100% | 990 |
| 2020 | $48,612,809▼10.1% | $48,942,603▼10.2% | $1,735,073▲100% | $14,965,944▼22.0% | 990 |
| 2019 | $54,095,642▼1.8% | $54,471,929▼1.9% | $867,395▼39.6% | $19,193,646▼30.7% | 990 |
| 2018 | $55,114,133▲7.3% | $55,524,412▲7.3% | $1,436,150▼40.0% | $27,704,475▲3.5% | 990 |
| 2017 | $51,369,784▲0.8% | $51,741,971▲0.6% | $2,395,188▲55.7% | $26,773,842▲25.9% | 990 |
| 2016 | $50,952,836▲0.5% | $51,413,596▲0.4% | $1,538,171▲386% | $21,274,138▲30.7% | 990 |
| 2015 | $50,698,901▲9.5% | $51,191,563▲9.3% | -$538,235▼605% | $16,271,582▲9.9% | 990 |
| 2014 | $46,313,052▲14.5% | $46,819,271▲14.1% | $106,524▼76.5% | $14,810,981▼18.9% | 990 |
| 2013 | $40,464,629 | $41,023,443▼5.0% | $453,124▼71.9% | $18,254,797▲66.7% | 990 |
| 2012 | — | $43,175,598▲6.1% | $1,612,790▲1727% | $10,952,244▼3.3% | 990 |
| 2011 | — | $40,695,467▲6.5% | $88,262▼54.8% | $11,330,149▲85.0% | 990 |
| 2010 | — | $38,222,570▼0.4% | $195,232▼46.3% | $6,122,917▼17.8% | 990 |
| 2009 | — | $38,364,540 | $363,526 | $7,448,134 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Ton-ming Fang — $255,090 (0.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ton-ming Fang | President | 40 | $255,090 |
| Yu Fen Tsao | Managing Director (until 3/1/24) | 40 | $210,732 |
| Min Mitchell | Executive Editor (thru 4/5/24) | 40 | $205,975 |
| Gijsbrecht Deleede | Chief Financial Officer/treasurer | 40 | $201,936 |
| Kataryna Delisle | Secretary | 40 | $195,392 |
| Mathew Pennington | Managing Director | 40 | $188,847 |
| Elizabeth Henderson | Chief Strategy Officer | 40 | $188,189 |
| John Penovich | Chief Technology Officer | 40 | $186,106 |
| Patrick Taylor Jr | Chief Financial Officer (until 2/8/23) | 40 | $103,441 |
| Kevin Fleming | Chief Operating Officer (eff. 9/25/23) | 40 | $51,140 |
| Allison Hooker | Director | 5 | — |
| Carolyn Bartholomew | Chairman/director | 5 | — |
| James Mann | Director | 5 | — |
| Keith Richburg | Director | 5 | — |
| Michael Green | Director | 5 | — |
| Michael Kempner | Director | 5 | — |
| Shanthi Kalathil | Director | 5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Blue Ridge Risk Partners LLC | Insurance Brokers | $350,230 |
| Global Peo Services LLC | Employment Services | $310,455 |
| Guidepoint Security LLC | Cyber Security Services | $263,015 |
| Salt Flats LLC | Digital Assets Management Implementation | $241,401 |
| Human Capital Initiatives LLC | Hr Services | $138,015 |
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Compare Radio Free Asia
Frequently asked questions
- Is Radio Free Asia a legitimate nonprofit?
- Yes. Radio Free Asia is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 52-1968145, based in Washington, District of Columbia. Donations are tax-deductible.
- What is Radio Free Asia's EIN?
- Radio Free Asia's Employer Identification Number (EIN) is 52-1968145.
- How much revenue does Radio Free Asia report?
- Radio Free Asia reported $75,433,462 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Radio Free Asia's spending goes to programs?
- Radio Free Asia spends about 62% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Radio Free Asia have?
- CharityIndex grades Radio Free Asia B, based on program efficiency and fundraising cost.
- How much does Radio Free Asia's highest-paid employee make?
- The highest reported compensation on Radio Free Asia's latest Form 990 is $255,090, paid to Ton-ming Fang (President).
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Data for Radio Free Asia (EIN 52-1968145) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.