Pacifica Community Television Inc

Analysis

Pacifica Community Television Inc is a registered charity in United States, based in Pacifica, CA. It received its IRS tax-exemption ruling in August 1979, 47 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Pacifica Community Television Inc reported income of $379k and spending of $332k, spending 88% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $343k to $379k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pacifica Community Television Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Center for Land Use Interpretation ($379k), Yaffa Cultural Arts Inc ($380k) and Insectarium and Butterfly Pavilion Inc ($379k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $122k (37% of expenses). Other salaries and wages came to $66k. At year end it held assets of $1.0m against liabilities of $554k, net assets of $474k. It reported 5 employees.