Northbridge Community Television Inc

Analysis

Northbridge Community Television Inc is a registered charity in United States, based in Northbridge, MA. It received its IRS tax-exemption ruling in November 2017, 9 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, Northbridge Community Television Inc reported income of $186k and spending of $197k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $200k to $186k (-7.0%), an average of -1.8% a year. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northbridge Community Television Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include PTA Colorado Congress ($186k), Economic Club of Memphis ($186k) and National Alliance on Mental Illness Fresno ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $113k. At year end it held assets of $161k against liabilities of $1,150, net assets of $160k. It reported 2 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.