12 Dunemere Inc

Analysis

12 Dunemere Inc is a registered charity in United States, based in East Hampton, NY. It received its IRS tax-exemption ruling in September 2018, 8 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 (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, 12 Dunemere Inc reported income of $146k and spending of $130k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $137k to $146k (+6.5%), an average of +1.6% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, 12 Dunemere Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Northern Illinois Steam Power Club ($146k), Greenbank Mill Associates Inc ($146k) and Clotilda Descendants Association ($146k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $3.0m against liabilities of $2.0m, net assets of $966k.