CCX Media

Analysis

CCX Media is a registered charity in United States, based in Brooklyn Park, MN. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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, CCX Media reported income of $4.6m and spending of $4.1m, spending 89% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $4.3m to $4.6m (+5.6%), an average of +2.8% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, CCX Media sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Dublin Preparatory Academy ($4.6m), Monticello Area Community Action Agency Inc ($4.6m) and Eastern Montana Industries ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.5% of the total. Compensation of current officers, directors and key employees was $388k (9.5% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $1.4m against liabilities of $2.6m, net assets of -$1.2m. It reported 81 employees.