Nashua Childrens Home

Analysis

Nashua Childrens Home is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in January 1935, 91 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Nashua Childrens Home reported income of $6.0m and spending of $5.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.8m to $6.0m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nashua Childrens Home sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within NH. Charities of a similar size with the same main cause include Footsteps Inc ($6.0m), Lifetime Resources Inc ($6.0m) and Young Mens Christian Assoc of Anderson South Carolina Inc ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $164k (2.8% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $6.4m against liabilities of $1.4m, net assets of $5.1m. It reported 82 employees.