Princeton Broadcasting Service Inc

Analysis

Princeton Broadcasting Service Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in May 1966, 60 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Princeton Broadcasting Service Inc reported income of $260k and spending of $451k, spending 174% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $455k to $260k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Princeton Broadcasting Service Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Deaf Performing Artist Network ($260k), Alexander and Baldwin Sugar Museum ($260k) and Northeast Wisconsin Hmong Professionals Incorporated ($260k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 29% of the total. Other salaries and wages came to $113k. At year end it held assets of $8.5m against liabilities of $491k, net assets of $8.0m. It reported 2 employees.