Hartford Public Access Television Inc

Analysis

Hartford Public Access Television Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in October 1976, 50 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, Hartford Public Access Television Inc reported income of $489k and spending of $279k, leaving 43% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $236k to $489k (+107%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hartford Public Access Television Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CT. Charities of a similar size with the same main cause include Hillfest Events ($489k), Revere Community Media Center ($489k) and Onion River Community Access Media Inc ($489k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $50k (18% of expenses). Other salaries and wages came to $36k. At year end it held assets of $531k against liabilities of $4,000, net assets of $527k. It reported 4 employees.