Danbi Christian TV Inc

Analysis

Danbi Christian TV Inc is a registered charity in United States, based in Flushing, NY. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Danbi Christian TV Inc reported income of $73k and spending of $524k, spending 721% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $636k to $73k (-89%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 85%. Over the whole period it spent 120% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Danbi Christian TV Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Sea Turtle Ministries Inc ($73k), Fourth Watch Evangelistic Ministryinc ($73k) and Iglesia Revelacion Divina Remanente ($73k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $68k (13% of expenses). Other salaries and wages came to $63k. At year end it held assets of $172k against liabilities of $797k, net assets of -$625k. It reported 4 employees.