Hopedale Cable Access Inc

Analysis

Hopedale Cable Access Inc is a registered charity in United States, based in Hopedale, MA. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hopedale Cable Access Inc reported income of $92k and spending of $116k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $92k (+0.7%), an average of +0.7% a year. Over the whole period it spent 125% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hopedale Cable Access Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within MA. Charities of a similar size with the same main cause include Legatus ($92k), Gay-Mound-Cedar Hill Volunteer Fire Department Inc ($92k) and Kiel Cooperative Preschool ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $172k against liabilities of $0, net assets of $172k.