Loma Linda Broadcasting Network Inc

Analysis

Loma Linda Broadcasting Network Inc is a registered charity in United States, based in Loma Linda, CA. It received its IRS tax-exemption ruling in April 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Loma Linda Broadcasting Network Inc reported income of $708k and spending of $501k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $708k (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 65% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Loma Linda Broadcasting Network Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Ave Maria University Preparatory School Inc ($708k), Coalition of Urban and Metropolitan Universities ($708k) and Stand4kind ($708k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 14% of the total. Other salaries and wages came to $109k. At year end it held assets of $3.6m against liabilities of $29k, net assets of $3.6m. It reported 5 employees.