Almagd TV

Analysis

Almagd TV is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in May 2018, 8 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, Almagd TV reported income of $602k and spending of $800k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $495k to $602k (+22%), an average of +5.0% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Almagd TV sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Icm Learning Academy ($601k), Iglesia Bautista Townwood ($602k) and On Goal Ltd ($601k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $303k, net assets of -$279k.