City of Erie Cable TV Access Corporation

Analysis

City of Erie Cable TV Access Corporation is a registered charity in United States, based in Erie, PA. It received its IRS tax-exemption ruling in October 1997, 29 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, City of Erie Cable TV Access Corporation reported income of $222k and spending of $281k, spending 126% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $212k to $222k (+4.9%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, City of Erie Cable TV Access Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include Rocky Mountain Mathematics Consortium Inc ($222k), The Oxford Museum Inc ($222k) and Charles County Arts Alliance Inc ($222k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $53k (19% of expenses). Other salaries and wages came to $76k. At year end it held assets of $339k against liabilities of $75k, net assets of $264k. It reported 7 employees.