Channel 17 Inc

Analysis

Channel 17 Inc is a registered charity in United States, based in Hammond, LA. It received its IRS tax-exemption ruling in October 2013, 13 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, Channel 17 Inc reported income of $410k and spending of $215k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $282k to $410k (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 68% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Channel 17 Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within LA. Charities of a similar size with the same main cause include Leverage Research ($409k), Childrens Theatre Workshop of Toledo ($410k) and Manitowoc County Historical Society ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 5.1% of the total. At year end it held assets of $1.5m against liabilities of $139k, net assets of $1.3m.