Danvers Community Access Television Incorporated

Analysis

Danvers Community Access Television Incorporated is a registered charity in United States, based in Danvers, MA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2023, Danvers Community Access Television Incorporated reported income of $639k and spending of $575k, spending 90% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $519k to $639k (+23%), an average of +7.2% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Danvers Community Access Television Incorporated sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Downtowndc Foundation Inc ($639k), Grunewald Guild ($639k) and Shasta Bible College ($639k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 93% of the total. Other salaries and wages came to $302k. At year end it held assets of $1.8m against liabilities of $626k, net assets of $1.2m. It reported 13 employees.