Ware Community Television Inc

Analysis

Ware Community Television Inc is a registered charity in United States, based in Ware, MA. It received its IRS tax-exemption ruling in April 1995, 31 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, Ware Community Television Inc reported income of $176k and spending of $209k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $170k to $176k (+3.4%), an average of +0.8% a year. Over the whole period it spent 114% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ware Community Television Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within MA. Charities of a similar size with the same main cause include Pierre Claeyssens Veterans Museum and Library Foundation ($176k), Oak Cliff Film Festival Society ($176k) and Karousel Kids Inc ($176k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $656k against liabilities of $0, net assets of $656k.

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.