Sterling - Lancaster Community Television Corporation

Analysis

Sterling - Lancaster Community Television Corporation is a registered charity in United States, based in Sterling, MA. It received its IRS tax-exemption ruling in May 2010, 16 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 2024, Sterling - Lancaster Community Television Corporation reported income of $303k and spending of $302k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $331k to $303k (-8.5%), an average of -2.2% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sterling - Lancaster Community Television Corporation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include Port of Sacramento Japanese School ($303k), USA Swimming Inc ($303k) and Grand Rapids Band Boosters Association ($303k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 0.2% of the total. Other salaries and wages came to $155k. At year end it held assets of $888k against liabilities of $37k, net assets of $852k. It reported 13 employees.