Lower Cape Community Access Television Inc

Analysis

Lower Cape Community Access Television Inc is a registered charity in United States, based in North Eastham, MA. It received its IRS tax-exemption ruling in February 2011, 15 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 December 2023, Lower Cape Community Access Television Inc reported income of $664k and spending of $826k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $491k to $664k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Lower Cape Community Access Television Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within MA. Charities of a similar size with the same main cause include Friends of Musique & Vin Au Clos Vougeot Inc ($664k), Jean Appolon Expressions Inc ($664k) and Hong Kong Asociation of Washington Foundation ($664k).

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 $387k. At year end it held assets of $1.6m against liabilities of $611k, net assets of $1.0m. It reported 13 employees.