Randolph Community Cable Television Inc

Analysis

Randolph Community Cable Television Inc is a registered charity in United States, based in Randolph, MA. It received its IRS tax-exemption ruling in June 2001, 25 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 June 2024, Randolph Community Cable Television Inc reported income of $411k and spending of $513k, spending 125% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $476k to $411k (-14%), an average of -2.9% a year. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Randolph Community Cable Television Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Full Circle Productions FCP Inc ($411k), Coventry Foundation Inc ($411k) and Longmont Observer ($411k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $147k (29% of expenses). Other salaries and wages came to $78k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 2 employees.

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.