New Castle Community Television Inc

Analysis

New Castle Community Television Inc is a registered charity in United States, based in Chappaqua, NY. It received its IRS tax-exemption ruling in January 2016, 10 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, New Castle Community Television Inc reported income of $291k and spending of $216k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $291k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Castle Community Television Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within NY. Charities of a similar size with the same main cause include Arlington Community Theater ($291k), Czech Cultural and Community Center ($291k) and Nassau County Firefighters Museum and Education Center ($291k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $107k (50% of expenses). At year end it held assets of $670k against liabilities of $11k, net assets of $659k. It reported 1 employees.