Northeast Addison Television Incorporated

Analysis

Northeast Addison Television Incorporated is a registered charity in United States, based in Bristol, VT. It received its IRS tax-exemption ruling in July 2003, 23 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, Northeast Addison Television Incorporated reported income of $147k and spending of $92k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $147k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northeast Addison Television Incorporated sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 37th percentile within VT. Charities of a similar size with the same main cause include Frenship Band Boosters ($147k), Yumi Cares Foundation Inc ($147k) and Kings Art Center Foundation ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 56% of the total. At year end it held assets of $193k against liabilities of $1,331, net assets of $191k.