Old Rochester Community Television Inc

Analysis

Old Rochester Community Television Inc is a registered charity in United States, based in Mattapoisett, MA. It received its IRS tax-exemption ruling in January 2006, 20 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, Old Rochester Community Television Inc reported income of $399k and spending of $425k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $382k to $399k (+4.5%), an average of +1.1% a year. 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, Old Rochester Community Television Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Conjuring Arts Research Center ($399k), Harpswell News ($399k) and North Platte Community Playhouse Inc ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $95k (22% of expenses). Other salaries and wages came to $169k. At year end it held assets of $749k against liabilities of $19k, net assets of $730k. It reported 21 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.