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Area 58 Community Access Media Inc

RegisteredEIN 04-3413403Carver, MAEducation and training
Income$440k2023-12
Spending$477ksame year
Spent / received103%5-year average
Size in its cause66th pctEducation and training
Exempt since1998Publicly supported organisat
Employees5latest return

Analysis

Area 58 Community Access Media Inc is a registered charity in United States, based in Carver, MA. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Area 58 Community Access Media Inc reported income of $440k and spending of $477k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $454k to $440k (-3.2%), an average of -0.8% a year. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Area 58 Community Access Media Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MA. Charities of a similar size with the same main cause include Baltimore City College Scholarship Funds Inc ($440k), Blue Grass Resource Center ($440k) and International Student Foundation ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $286k. At year end it held assets of $324k against liabilities of $0, net assets of $324k. It reported 5 employees.

Income and spending

$0$121k$242k$363k$484k2019 Income: $454,2382019 Spending: $481,85420192020 Income: $476,7862020 Spending: $468,47320202021 Income: $444,5752021 Spending: $469,42120212022 Income: $484,3452022 Spending: $462,60120222023 Income: $439,8562023 Spending: $477,0432023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Baltimore City College Scholarship Funds IncHunt Valley$440k
Blue Grass Resource CenterBlue Grass$440k
International Student FoundationDallas$440k
American University of Iraq Foundation IncOak Park$440k