The@mitt TV Inc

Analysis

The@mitt TV Inc is a registered charity in United States, based in Romeo, MI. It received its IRS tax-exemption ruling in April 2018, 8 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, The@mitt TV Inc reported income of $77k and spending of $253k, spending 330% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $215k to $77k (-64%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 55%. Over the whole period it spent 141% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The@mitt TV 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 29th percentile within MI. Charities of a similar size with the same main cause include Northwest Nuclear Laboratories ($77k), Ancient Art Archive ($77k) and Musopen ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.