Prince Georges Community Television Inc

Analysis

Prince Georges Community Television Inc is a registered charity in United States, based in Largo, MD. It received its IRS tax-exemption ruling in June 1984, 42 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 2024, Prince Georges Community Television Inc reported income of $1.7m and spending of $1.7m, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.4m to $1.7m (+17%), an average of +3.2% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Prince Georges Community Television Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 83rd percentile within MD. Charities of a similar size with the same main cause include New Village Arts Inc ($1.7m), Zeiders American Dream Theater ($1.7m) and Los Angeles Cable Television Access Corporation ($1.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 81% of the total. Compensation of current officers, directors and key employees was $200k (12% of expenses). Other salaries and wages came to $721k. At year end it held assets of $1.1m against liabilities of $27k, net assets of $1.0m. It reported 30 employees.