Haverhill Community TV

Analysis

Haverhill Community TV is a registered charity in United States, based in Haverhill, MA. It received its IRS tax-exemption ruling in April 1990, 36 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 March 2024, Haverhill Community TV reported income of $915k and spending of $880k, spending 96% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $910k to $915k (+0.5%), an average of +0.1% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Haverhill Community TV sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include National Womens Studies Association University of Maryland ($915k), Idabel Museum Society Inc ($915k) and Residency Unlimited Inc ($914k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $64k (7.3% of expenses). Other salaries and wages came to $306k. At year end it held assets of $3.5m against liabilities of $805k, net assets of $2.7m. It reported 7 employees.