Killeen Christian Broadcasting Corporation

Analysis

Killeen Christian Broadcasting Corporation is a registered charity in United States, based in Killeen, TX. It received its IRS tax-exemption ruling in June 1993, 33 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 2023, Killeen Christian Broadcasting Corporation reported income of $262k and spending of $294k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $300k to $262k (-13%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income dropped by 21%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Killeen Christian Broadcasting Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Loving Individuals Generatinghealing Today ($262k), Heart of the City Ministries ($262k) and Harvest Christian Ministries ($262k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 26% of the total. Other salaries and wages came to $157k. At year end it held assets of $52k against liabilities of $118k, net assets of -$66k. It reported 4 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.