Christian Television Corporation Inc

Analysis

Christian Television Corporation Inc is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in April 1979, 47 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 2022, Christian Television Corporation Inc reported income of $9.5m and spending of $5.1m, leaving 46% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $8.9m to $9.5m (+5.9%), an average of +1.9% a year. Over the whole period it spent 47% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christian Television Corporation Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Ohr Torah Stone Institutions of Isr Ael ($9.4m), City of Faith Prison Ministries ($9.5m) and Brahmananda Saraswati Yagya Foundation ($9.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $90.2m against liabilities of $593k, net assets of $89.6m. It reported 72 employees.