Billerica Access Television Inc

Analysis

Billerica Access Television Inc is a registered charity in United States, based in Billerica, MA. It received its IRS tax-exemption ruling in November 1988, 38 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Billerica Access Television Inc reported income of $847k and spending of $1.0m, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $927k to $847k (-8.6%), an average of -2.2% a year. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Billerica Access Television Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include California Art Club Inc ($846k), Los Angeles Youth Orchestra ($847k) and Space for Humanity ($846k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $471k. At year end it held assets of $3.4m against liabilities of $2.2m, net assets of $1.2m. It reported 12 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.