Dennysville Housing

Analysis

Dennysville Housing is a registered charity in United States, based in Machias, ME. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Dennysville Housing reported income of $260k and spending of $245k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $223k to $260k (+16%), an average of +3.8% a year. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dennysville Housing sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 53rd percentile within ME. Charities of a similar size with the same main cause include St Vincent de Paul Society-New Bedford District ($260k), South Dakota Agricultural Foundation ($260k) and Cool Ground Inc ($260k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $382k against liabilities of $7,442, net assets of $374k.