Medway Cable Access Corporation

Analysis

Medway Cable Access Corporation is a registered charity in United States, based in Medway, MA. It received its IRS tax-exemption ruling in April 1986, 40 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 August 2023, Medway Cable Access Corporation reported income of $239k and spending of $252k, spending 105% of what it took in. Across the 3 years on record, from August 2021 to August 2023, income fell from $244k to $239k (-2.0%), an average of -1.0% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Medway Cable Access Corporation 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 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Tampa Metropolitan Youth Orchestra Inc ($239k), Vocal Arts Ensemble of Cincinnati ($239k) and Shenandoah Valley Art Center Inc ($239k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $113k. At year end it held assets of $375k against liabilities of $31k, net assets of $344k. It reported 4 employees.