Simsbury Community Television Inc Eno Memorial Hall

Analysis

Simsbury Community Television Inc Eno Memorial Hall is a registered charity in United States, based in Simsbury, CT. It received its IRS tax-exemption ruling in October 1984, 42 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Simsbury Community Television Inc Eno Memorial Hall reported income of $161k and spending of $167k, spending 104% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $239k to $161k (-33%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 87% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Simsbury Community Television Inc Eno Memorial Hall sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Mascarenas Foundation ($161k), Michael Napoleone Memorial Foundation Inc ($161k) and Point Clear Charities Inc ($161k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $50k (30% of expenses). Other salaries and wages came to $32k. At year end it held assets of $125k against liabilities of $0, net assets of $125k. It reported 6 employees.