Northeastern Pennsylvania Educational Television Association

Analysis

Northeastern Pennsylvania Educational Television Association is a registered charity in United States, based in Pittston, PA. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northeastern Pennsylvania Educational Television Association reported income of $6.1m and spending of $7.4m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $6.1m (+5.0%), an average of +1.2% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northeastern Pennsylvania Educational Television Association sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include Ballet Tech Foundation Inc ($6.1m), Cicero Research ($6.1m) and Frank Lloyd Wright Trust ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $430k (5.8% of expenses). Other salaries and wages came to $2.6m. It paid $372k in professional fundraising fees. At year end it held assets of $34.6m against liabilities of $882k, net assets of $33.7m. It reported 71 employees.