Amherst Community Television Inc

Analysis

Amherst Community Television Inc is a registered charity in United States, based in Amherst, MA. It received its IRS tax-exemption ruling in December 1976, 50 years ago. 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, Amherst Community Television Inc reported income of $298k and spending of $302k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $325k to $298k (-8.1%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amherst Community Television Inc 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 63rd percentile within MA. Charities of a similar size with the same main cause include Paso Robles Rotary Services Inc ($298k), Better Business Bureau Serving Northern Co and Wy Foundation ($298k) and Frances Barton Meekins Cooperative Preschool ($298k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. Other salaries and wages came to $149k. At year end it held assets of $949k against liabilities of $507k, net assets of $442k. It reported 3 employees.