Townsend Community Access and Media Inc

Analysis

Townsend Community Access and Media Inc is a registered charity in United States, based in Townsend, MA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Townsend Community Access and Media Inc reported income of $89k and spending of $161k, spending 180% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $198k to $89k (-55%), an average of -33% a year. The sharpest change came in the year to December 2023, when income rose by 2810%. Over the whole period it spent 160% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Townsend Community Access and Media 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 34th percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Greenville Choral Society & New Carolina Sinfonia ($89k), PTA California Congress of Parents Teachers & Students Inc ($89k) and Bleeding Disorders Association of Northeastern Ny Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $93k. At year end it held assets of $200k against liabilities of $36, net assets of $200k. It reported 2 employees.