Chelmsford Telemedia Corporation Inc

Analysis

Chelmsford Telemedia Corporation Inc is a registered charity in United States, based in Chelmsford, MA. It received its IRS tax-exemption ruling in December 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 2024, Chelmsford Telemedia Corporation Inc reported income of $64k and spending of $28k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $32k to $64k (+102%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 194%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chelmsford Telemedia Corporation Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 34th percentile within MA. Charities of a similar size with the same main cause include S T Li Foundation ($64k), Whatcom Art Guild ($64k) and Ashville Free Library ($64k).

At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.