Hardwick Community Television Inc

Analysis

Hardwick Community Television Inc is a registered charity in United States, based in Hardwick, VT. It received its IRS tax-exemption ruling in March 2004, 22 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 2023, Hardwick Community Television Inc reported income of $77k and spending of $55k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $88k to $77k (-12%), an average of -12% a year. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hardwick Community Television Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 21st percentile within VT. Charities of a similar size with the same main cause include Minnesota Masonic Historic Buildings ($77k), Jewish Plays Project ($77k) and Reno Jazz Orchestra ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. At year end it held assets of $183k against liabilities of $1,633, net assets of $181k.