Christian Broadcasting Inc

Analysis

Christian Broadcasting Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Christian Broadcasting Inc reported income of $964k and spending of $956k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $964k (-4.7%), an average of -1.2% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Christian Broadcasting 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 79th percentile, and in the 77th percentile within AK. Charities of a similar size with the same main cause include Susquehanna County Historical Society and Free Library Assn ($964k), Dell-Arte Inc ($964k) and Metropolitan Youth Orchestra Society of New York Inc ($964k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $473k (49% of expenses). At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m. It reported 12 employees.