Adams Community Television

Analysis

Adams Community Television is a registered charity in United States, based in New Oxford, PA. It received its IRS tax-exemption ruling in September 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 December 2023, Adams Community Television reported income of $200k and spending of $161k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $200k to $200k (+0.1%), an average of +0.1% a year. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adams Community Television sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include United Way of Manistee County ($200k), Fish of East Aurora Inc ($200k) and Guys & Gals Community Partnership Inc ($200k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $126k against liabilities of $2,111, net assets of $124k.