Christian Literature Advance

Analysis

Christian Literature Advance is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in December 1965, 61 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Christian Literature Advance reported income of $110k and spending of $125k, spending 114% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $232k to $110k (-53%), an average of -14% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 121% 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 Literature Advance sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within SC. Charities of a similar size with the same main cause include Camp Bravo Inc ($110k), Territorial Empathy Inc ($110k) and Redlands Footlighters Inc ($110k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $42k. At year end it held assets of $31k against liabilities of $0, net assets of $31k.