Christian Music Broadcasters Inc

Analysis

Christian Music Broadcasters Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in December 2005, 21 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).

In the financial year ending December 2023, Christian Music Broadcasters Inc reported income of $1.5m and spending of $1.5m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $727k to $1.5m (+111%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christian Music Broadcasters Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Mobilize the Church ($1.5m), Every Generation Ministries Inc ($1.5m) and Lumbini Buddhist Association Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $149k (10% of expenses). Other salaries and wages came to $379k. At year end it held assets of $1.5m against liabilities of $195k, net assets of $1.3m. It reported 6 employees.