Newport Community Television Inc

Analysis

Newport Community Television Inc is a registered charity in United States, based in Newport, NH. It received its IRS tax-exemption ruling in August 1994, 32 years ago. 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, Newport Community Television Inc reported income of $122k and spending of $112k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $115k to $122k (+6.2%), an average of +6.2% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Newport Community Television Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within NH. Charities of a similar size with the same main cause include The 1911 Group Inc ($122k), Small Fry Football of Helena Inc ($122k) and Tampa Bay Businesses for Culture and the Arts Inc ($122k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 78% of the total. At year end it held assets of $343k against liabilities of $0, net assets of $343k.