Brookline Cable Community Trust Inc

Analysis

Brookline Cable Community Trust Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in February 1985, 41 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 June 2023, Brookline Cable Community Trust Inc reported income of $1.0m and spending of $1.2m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $569k to $1.0m (+80%), an average of +16% a year. The sharpest change came in the year to June 2023, when income rose by 52%. 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, Brookline Cable Community Trust Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MA. Charities of a similar size with the same main cause include Mineralogical Record Inc ($1.0m), Twin Cedars Foundation Inc ($1.0m) and Cameron Childrens Development Center Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. At year end it held assets of $1.1m against liabilities of $72k, net assets of $1.0m.

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.