Faith Community Television Inc

Analysis

Faith Community Television Inc is a registered charity in United States, based in Marion, IL. It received its IRS tax-exemption ruling in November 2020, 6 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, Faith Community Television Inc reported income of $580k and spending of $551k, spending 95% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $206k to $580k (+182%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 222%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Faith Community Television Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Voice of Gospel Ministries International ($580k), Society for the Advancement of Ecclesial Theology ($581k) and Twin Pines ($580k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 78% of the total. Other salaries and wages came to $87k. At year end it held assets of $820k against liabilities of $572k, net assets of $249k. It reported 1 employees.