Central Valley Broadcasting Co Inc

Analysis

Central Valley Broadcasting Co Inc is a registered charity in United States, based in Merced, CA. It received its IRS tax-exemption ruling in August 1995, 31 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 June 2024, Central Valley Broadcasting Co Inc reported income of $735k and spending of $854k, spending 116% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $634k to $735k (+16%), an average of +3.0% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Central Valley Broadcasting Co Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Kak Hwang Zen Center ($735k), Onnuri Mission Alliance ($735k) and Jordan Crossing Ministries ($735k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 2.8% of the total. Other salaries and wages came to $343k. It paid $3,200 in professional fundraising fees. At year end it held assets of $469k against liabilities of $18k, net assets of $451k. It reported 8 employees.