Falmouth Community Television Corporation Inc

Analysis

Falmouth Community Television Corporation Inc is a registered charity in United States, based in Falmouth, MA. It received its IRS tax-exemption ruling in June 1993, 33 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, Falmouth Community Television Corporation Inc reported income of $1.6m and spending of $1.1m, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Falmouth Community Television Corporation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MA. Charities of a similar size with the same main cause include Mary Foundation ($1.6m), Pony Express Inc - a National Memorial ($1.6m) and Golden Spike Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.2% of the total. Other salaries and wages came to $580k. At year end it held assets of $4.0m against liabilities of $287k, net assets of $3.7m. It reported 11 employees.