Sharon Community Television Inc

Analysis

Sharon Community Television Inc is a registered charity in United States, based in Sharon, MA. It received its IRS tax-exemption ruling in July 1989, 37 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 September 2023, Sharon Community Television Inc reported income of $329k and spending of $318k, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $348k to $329k (-5.3%), an average of -1.3% a year. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sharon Community Television Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include First Serve Miami Inc ($329k), Five Loaves Food and Clothing Center Inc ($329k) and National TTT Society ($329k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $201k. At year end it held assets of $612k against liabilities of $0, net assets of $612k. It reported 20 employees.