Montague Community Cable Inc

Analysis

Montague Community Cable Inc is a registered charity in United States, based in Turners Falls, MA. It received its IRS tax-exemption ruling in June 1990, 36 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Montague Community Cable Inc reported income of $160k and spending of $165k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $188k to $160k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Montague Community Cable Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Barrens Information Technology Systems Inc ($160k), Whitehall Community Improvement Co ($160k) and Economic Club of Kansas City ($160k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $380k against liabilities of $39k, net assets of $341k.