TVW Inc

Analysis

TVW Inc is a registered charity in United States, based in Hillsboro, OR. It received its IRS tax-exemption ruling in September 1968, 58 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, TVW Inc reported income of $6.8m and spending of $6.8m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.2m to $6.8m (+10%), an average of +2.4% a year. The sharpest change came in the year to June 2020, when income rose by 33%. Over the whole period it spent 93% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, TVW Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Lbu Holdings Inc ($6.8m), Oasis Center Inc ($6.8m) and Wayne State Univ Research & Techno- Logy Park in the City of Detroit ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $134k (2.0% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $6.2m against liabilities of $733k, net assets of $5.5m. It reported 220 employees.