Tri-Valley Community Television

Analysis

Tri-Valley Community Television is a registered charity in United States, based in Pleasanton, CA. It received its IRS tax-exemption ruling in July 1984, 42 years ago. 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, Tri-Valley Community Television reported income of $534k and spending of $717k, spending 134% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $835k to $534k (-36%), an average of -11% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri-Valley Community Television sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Lynbrook Instrumental Music Boosters ($534k), Psi Upsilon Foundation Inc ($534k) and Little League Baseball Inc ($534k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $139k (19% of expenses). Other salaries and wages came to $288k. At year end it held assets of $601k against liabilities of $38k, net assets of $563k. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.