CBS Lebanon Inc

Analysis

CBS Lebanon Inc is a registered charity in United States, based in Houston, TX. 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 (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, CBS Lebanon Inc reported income of $150k and spending of $249k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $284k to $150k (-47%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 122% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, CBS Lebanon Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Friends Church Extension Fund ($150k), Collegiate Ministry Group Inc ($150k) and Mi Comunidadd Miami Corp ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $144k (58% of expenses). At year end it held assets of $1.4m against liabilities of $274k, net assets of $1.1m. It reported 1 employees.