Christian Television Network Inc

Analysis

Christian Television Network Inc is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in September 2004, 22 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 Television Network Inc reported income of $406k and spending of $930k, spending 229% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $462k to $406k (-12%), an average of -4.2% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 210% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Christian Television Network Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include Los Angeles Hindu Temple and Cultural Center ($406k), Khmer Buddhist Organization of Pacific Northwest ($406k) and Integrity International ($406k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $222k. At year end it held assets of $3.6m against liabilities of $10.7m, net assets of -$7.1m. It reported 10 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.