Holbrook Community Access and Media Inc

Analysis

Holbrook Community Access and Media Inc is a registered charity in United States, based in Holbrook, MA. It received its IRS tax-exemption ruling in October 2008, 18 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, Holbrook Community Access and Media Inc reported income of $240k and spending of $299k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $243k to $240k (-1.4%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 20%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Holbrook Community Access and Media Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Salem Main Street Initiative- Downtown Program ($240k), Epscor Foundation ($240k) and Barrington Arts Alive ($240k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. At year end it held assets of $304k against liabilities of $8,655, net assets of $296k. It reported 4 employees.