Rocky Mountain Christian Television Network Inc
Analysis
Rocky Mountain Christian Television Network Inc is a registered charity in United States, based in Largo, FL. It received its IRS tax-exemption ruling in September 2018, 8 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, Rocky Mountain Christian Television Network Inc reported income of $641k and spending of $756k, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $587k to $641k (+9.2%), an average of +3.0% a year. Over the whole period it spent 130% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Rocky Mountain Christian Television Network Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include New Heights Missions and Charities Inc ($641k), Light of the Village a Non-Profit Corporation ($642k) and Rise Up Recovery ($641k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Other salaries and wages came to $128k. At year end it held assets of $8.3m against liabilities of $9.5m, net assets of -$1.2m. 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.
Income and spending
Where the income comes from
- Contributions & grants 4.8%
- Program services 95%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Heights Missions and Charities Inc | Nicholasville | $641k |
| Light of the Village a Non-Profit Corporation | Bay Minette | $642k |
| Rise Up Recovery | Hastings | $641k |
| St Vincent de Paul Center | Newark | $642k |