Christian Television Network Inc

Analysis

Christian Television Network Inc is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Christian Television Network Inc reported income of $188k and spending of $837k, spending 446% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $26k to $188k (+631%), an average of +94% a year. The sharpest change came in the year to December 2020, when income rose by 764%. Over the whole period it spent 573% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christian Television Network Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Cam Lo Buddhist Community Center ($188k), Family Community Church Inc ($188k) and Jacob Berry Ministries Inc ($188k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 39% and program service revenue 61% of the total. Other salaries and wages came to $93k. At year end it held assets of $2.6m against liabilities of $12.3m, net assets of -$9.7m. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.