Denison Society Inc

Analysis

Denison Society Inc is a registered charity in United States, based in Mystic, CT. It received its IRS tax-exemption ruling in August 1953, 73 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 December 2023, Denison Society Inc reported income of $204k and spending of $180k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $510k to $204k (-60%), an average of -20% a year. The sharpest change came in the year to December 2021, when income rose by 109%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Denison Society Inc 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 54th percentile, and in the 52nd percentile within CT. Charities of a similar size with the same main cause include Cowlitz Chaplaincy ($204k), Eula and David Wintermann Library Inc ($204k) and Voice of Jewish Activism Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 3.0% of the total. Other salaries and wages came to $65k. At year end it held assets of $2.2m against liabilities of $1,172, net assets of $2.2m. It reported 3 employees.