Halcyon House

Analysis

Halcyon House is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2017, 9 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, Halcyon House reported income of $3.4m and spending of $3.5m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $3.4m (+1.1%), an average of +0.3% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Halcyon House sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 75th percentile within DC. Charities of a similar size with the same main cause include Kalamazoo Institute of Arts ($3.4m), Sweet Adelines International Corporation ($3.4m) and Grand Teton Natural History Association ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $830k (24% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $1.5m against liabilities of $186k, net assets of $1.3m. It reported 21 employees.