Hingham Community Access and Media Corporation

Analysis

Hingham Community Access and Media Corporation is a registered charity in United States, based in Hingham, MA. It received its IRS tax-exemption ruling in January 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 (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, Hingham Community Access and Media Corporation reported income of $546k and spending of $622k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $578k to $546k (-5.6%), an average of -1.9% a year. 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, Hingham Community Access and Media Corporation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Frisco Association for the Arts ($546k), Klondike Smokey City Community Development Corporation Inc ($546k) and Atlanta Press Club Inc ($546k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 2.7% of the total. Other salaries and wages came to $328k. At year end it held assets of $1.4m against liabilities of $238k, net assets of $1.2m. It reported 12 employees.