Channelmom Media

Analysis

Channelmom Media is a registered charity in United States, based in Bailey, CO. It received its IRS tax-exemption ruling in February 2015, 11 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 2023, Channelmom Media reported income of $140k and spending of $139k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $155k to $140k (-9.6%), an average of -9.6% a year. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Channelmom Media sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within CO. Charities of a similar size with the same main cause include Istoria Ministries Inc ($140k), Kyampisi Childcare Ministries-Inc ($140k) and Unleashed Now Inc ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. At year end it held assets of $80k against liabilities of $825, net assets of $79k.