Tri-State Public Communications Inc

Analysis

Tri-State Public Communications Inc is a registered charity in United States, based in Sharon, CT. It received its IRS tax-exemption ruling in March 2002, 24 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, Tri-State Public Communications Inc reported income of $739k and spending of $695k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $588k to $739k (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 152%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tri-State Public Communications Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Coronado Historical Association ($739k), The Jazz Loft Inc ($739k) and Paris Gibson Square Incorporated ($739k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 12% of the total. Other salaries and wages came to $28k. At year end it held assets of $474k against liabilities of $789k, net assets of -$315k.