Childrens Gospel Hour Inc

Analysis

Childrens Gospel Hour Inc is a registered charity in United States, based in Livingston, TN. It received its IRS tax-exemption ruling in July 1950, 76 years ago. 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, Childrens Gospel Hour Inc reported income of $726k and spending of $565k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $531k to $726k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens Gospel Hour Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Patriot K9s of Wisconsin Inc ($726k), Golden Bond Rescue of Oregon Inc ($726k) and Manufacturers Alliance Foundation ($726k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $152k (27% of expenses). Other salaries and wages came to $46k. At year end it held assets of $1.3m against liabilities of $6,432, net assets of $1.3m. It reported 51 employees.