HTTV Inc

Analysis

HTTV Inc is a registered charity in United States, based in Summit, NJ. It received its IRS tax-exemption ruling in March 1981, 45 years ago. 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, HTTV Inc reported income of $138k and spending of $149k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $140k to $138k (-1.4%), an average of -1.4% a year. Over the whole period it spent 115% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, HTTV Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Bellevue Soccer Club ($138k), North Chatham Free Library ($138k) and Art Pratt Foundation of Old Mission Rotary Club ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.