Denniston Hill Corp

Analysis

Denniston Hill Corp is a registered charity in United States, based in Glen Wild, NY. It received its IRS tax-exemption ruling in July 2008, 18 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, Denniston Hill Corp reported income of $274k and spending of $540k, spending 197% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $229k to $274k (+20%), an average of +6.2% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Denniston Hill Corp sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Miami Nation of Indians of the State of Indiana Inc ($274k), Craven Arts Council and Gallery Inc ($274k) and Green Mountain Performing Arts Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $120k (22% of expenses). Other salaries and wages came to $52k. At year end it held assets of $117k against liabilities of $122k, net assets of -$4,759. It reported 2 employees.