Bourne Community TV Inc

Analysis

Bourne Community TV Inc is a registered charity in United States, based in Buzzards Bay, MA. It received its IRS tax-exemption ruling in June 2014, 12 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 December 2022, Bourne Community TV Inc reported income of $396k and spending of $413k, spending 104% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $331k to $396k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bourne Community TV Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Redtone Records ($396k), Vibe of Portland ($396k) and Preserving Christian Publications Inc ($396k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $199k (48% of expenses). Other salaries and wages came to $7,945. At year end it held assets of $352k against liabilities of $0, net assets of $352k. It reported 3 employees.