Wolfeboro Community Television

Analysis

Wolfeboro Community Television is a registered charity in United States, based in Wolfeboro, NH. It received its IRS tax-exemption ruling in April 2021, 5 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, Wolfeboro Community Television reported income of $113k and spending of $117k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $118k to $113k (-4.2%), an average of -4.2% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wolfeboro Community Television sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within NH. Charities of a similar size with the same main cause include Tarangini ($113k), Arcadia Historical & Preservation Society ($113k) and Inspero Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.8% and program service revenue 93% of the total. At year end it held assets of $1,695 against liabilities of $2,470, net assets of -$775.