Amesbury Community Television Inc

Analysis

Amesbury Community Television Inc is a registered charity in United States, based in Amesbury, MA. It received its IRS tax-exemption ruling in October 2012, 14 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 June 2023, Amesbury Community Television Inc reported income of $250k and spending of $219k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $273k to $250k (-8.4%), an average of -2.2% a year. The sharpest change came in the year to June 2021, when income dropped by 25%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amesbury Community Television Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within MA. Charities of a similar size with the same main cause include Stolen Shakespeare Guild ($250k), Every Voice Choirs Inc ($251k) and Storyark ($250k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $43k (20% of expenses). Other salaries and wages came to $108k. At year end it held assets of $101k against liabilities of $0, net assets of $101k. It reported 3 employees.