Dover-Sherborn Cable Accesscorporation

Analysis

Dover-Sherborn Cable Accesscorporation is a registered charity in United States, based in Dover, MA. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2022, Dover-Sherborn Cable Accesscorporation reported income of $232k and spending of $324k, spending 140% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $288k to $232k (-20%), an average of -7.0% a year. The sharpest change came in the year to December 2022, when income dropped by 15%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dover-Sherborn Cable Accesscorporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include American Association for Therapeutic Humor ($232k), Volunteer Board of the Erie County Medical Center ($232k) and Vallejo Aquatic Club Inc ($232k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $214k. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m. It reported 5 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.