Hallockville Inc

Analysis

Hallockville Inc is a registered charity in United States, based in Riverhead, NY. It received its IRS tax-exemption ruling in April 1982, 44 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 December 2023, Hallockville Inc reported income of $361k and spending of $438k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $283k to $361k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Hallockville 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 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Amherst Railway Society Inc ($361k), Fullerton Chinese Cultural Association ($362k) and Black Girls Film Camp ($361k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $66k (15% of expenses). Other salaries and wages came to $162k. At year end it held assets of $1.4m against liabilities of $11k, net assets of $1.4m. It reported 15 employees.