Bloomfield Access Television Inc

Analysis

Bloomfield Access Television Inc is a registered charity in United States, based in Bloomfield, CT. It received its IRS tax-exemption ruling in December 1983, 43 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, Bloomfield Access Television Inc reported income of $242k and spending of $249k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $242k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 61%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bloomfield Access Television Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CT. Charities of a similar size with the same main cause include United States National Comm for the Intl Council on Monuments & Sites ($242k), Veterans to Farmers ($242k) and Maryland Deaf Community Center - Frederick - Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $68k (27% of expenses). At year end it held assets of $183k against liabilities of $0, net assets of $183k. It reported 1 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.