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 September 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 $126k and spending of $309k, spending 245% of what it took in. Over the whole period it spent 409% 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 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 47th percentile within FL. Charities of a similar size with the same main cause include Four10 Ministries ($126k), Truth Alive Ministries ($126k) and John Militaru Ministries Inc ($126k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $3.2m against liabilities of $7.9m, net assets of -$4.7m.

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.