The Eagle Hill Institute

Analysis

The Eagle Hill Institute is a registered charity in United States, based in Steuben, ME. It received its IRS tax-exemption ruling in March 1982, 44 years ago. Its declared purposes cover science and technology, 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 December 2023, The Eagle Hill Institute reported income of $677k and spending of $640k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $597k to $677k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Eagle Hill Institute sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within ME. Charities of a similar size with the same main cause include Art & Drama Centre Theatre ($676k), Oceanside Community Service Television Corporation ($677k) and Cyt Dallas-Fort Worth Inc ($676k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 105% of the total. Compensation of current officers, directors and key employees was $64k (9.9% of expenses). Other salaries and wages came to $122k. At year end it held assets of $2.2m against liabilities of $87k, net assets of $2.1m. It reported 11 employees.