Falls Area Community Television Inc

Analysis

Falls Area Community Television Inc is a registered charity in United States, based in Bellows Falls, VT. It received its IRS tax-exemption ruling in October 1998, 28 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 June 2024, Falls Area Community Television Inc reported income of $237k and spending of $302k, spending 127% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $250k to $237k (-4.9%), an average of -4.9% a year. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Falls Area Community Television Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 48th percentile within VT. Charities of a similar size with the same main cause include Writers Guild of America East Foundation Inc ($237k), Flagler Playhouse Inc ($237k) and Secondstory Repertory ($237k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 80% of the total. Other salaries and wages came to $163k. At year end it held assets of $166k against liabilities of $961, net assets of $165k. It reported 4 employees.