Capital Community Television Inc

Analysis

Capital Community Television Inc is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in December 1994, 32 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 2023, Capital Community Television Inc reported income of $869k and spending of $901k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $883k to $869k (-1.6%), an average of -0.4% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Capital Community Television Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OR. Charities of a similar size with the same main cause include Realize Bradenton Inc ($868k), Peggy R McConnell Worthington Center for the Arts ($869k) and Street Art Mankind Corp ($868k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $97k (11% of expenses). Other salaries and wages came to $435k. At year end it held assets of $505k against liabilities of $40k, net assets of $465k. It reported 13 employees.