Christian Televison of Palm Beach County Inc

Analysis

Christian Televison of Palm Beach County Inc is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in December 1992, 34 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 Televison of Palm Beach County Inc reported income of $2.4m and spending of $940k, leaving 60% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $592k to $2.4m (+298%), an average of +58% a year. The sharpest change came in the year to December 2022, when income rose by 286%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christian Televison of Palm Beach County Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Barnabas Family Ministries Society ($2.4m), Spitzer-Magis Center ($2.4m) and The Hall of Tyrannus Mission ($2.4m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.8% and program service revenue 21% of the total. Other salaries and wages came to $105k. At year end it held assets of $4.0m against liabilities of $42k, net assets of $4.0m. It reported 5 employees.