Progressive Media Inc

Analysis

Progressive Media Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in August 2004, 22 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, Progressive Media Inc reported income of $176k and spending of $81k, leaving 54% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $183k to $176k (-4.0%), an average of -1.3% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Progressive Media Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Hill Country Ministries Inc ($176k), Square One Church Planting ($176k) and Iglesia Pentecostal El Tabernaculo de Winder Inc ($176k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 1 employees.