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Christian Television Network Inc

RegisteredEIN 59-2739480Largo, FLReligion
Income$685k2022-12
Spending$897ksame year
Spent / received109%4-year average
Size in its cause87th pctReligion
Exempt since1987Publicly supported organisat
Employees10latest return

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 1987, 39 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 Network Inc reported income of $685k and spending of $897k, spending 131% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $647k to $685k (+5.9%), an average of +1.9% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 109% 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 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within FL. Charities of a similar size with the same main cause include Narrative Magazine Inc ($685k), 21 Wilberforce Global Freedom Center ($685k) and Fayette Health Center Authority ($685k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.5% and program service revenue 83% of the total. Other salaries and wages came to $217k. At year end it held assets of $1.6m against liabilities of $242k, net assets of $1.4m. It reported 10 employees.

Income and spending

$0$246k$492k$739k$985k2019 Income: $647,3472019 Spending: $793,28220192020 Income: $707,1832020 Spending: $804,27020202021 Income: $984,7672021 Spending: $813,13320212022 Income: $685,2582022 Spending: $897,2172022
IncomeSpending

Where the income comes from

  • Contributions & grants 9.5%
  • Program services 83%
  • Other 7.2%

Similar-sized charities, same cause

CharityLocationIncome
Narrative Magazine IncSan Francisco$685k
21 Wilberforce Global Freedom CenterFalls Church$685k
Fayette Health Center AuthorityUniontown$685k
Priesthood Support Funds IncGarden Grove$686k