Marshfield Community Television Inc

Analysis

Marshfield Community Television Inc is a registered charity in United States, based in Marshfield, MA. It received its IRS tax-exemption ruling in February 2009, 17 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 (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, Marshfield Community Television Inc reported income of $521k and spending of $585k, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $476k to $521k (+9.6%), an average of +3.1% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Marshfield Community Television Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Save Our Heritage Organization ($521k), Northfield Community Nursery School ($521k) and Seven County Senior Federation ($521k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $340k. At year end it held assets of $732k against liabilities of $10k, net assets of $721k. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.