Christian Television Corporation of Pensacola-Mobile Inc

Analysis

Christian Television Corporation of Pensacola-Mobile Inc is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in November 1985, 41 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 Corporation of Pensacola-Mobile Inc reported income of $471k and spending of $811k, spending 172% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $613k to $471k (-23%), an average of -8.4% a year. Over the whole period it spent 153% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christian Television Corporation of Pensacola-Mobile Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include Taq Waqf Inc ($470k), Whisper Mountain Ministries Inc ($471k) and Bob Crow World Mission Outreach Church Incorporated ($470k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. Other salaries and wages came to $151k. At year end it held assets of $2.3m against liabilities of $3.5m, net assets of -$1.1m. It reported 5 employees.

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.