Community Action Program Belknap & Merrimack Counties Inc

Analysis

Community Action Program Belknap & Merrimack Counties Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in July 1968, 58 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 February 2024, Community Action Program Belknap & Merrimack Counties Inc reported income of $32.8m and spending of $33.1m, spending 101% of its income. Across the 6 years on record, from February 2019 to February 2024, income grew from $24.1m to $32.8m (+36%), an average of +6.3% a year. The sharpest change came in the year to February 2022, when income rose by 62%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Action Program Belknap & Merrimack Counties Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NH. Charities of a similar size with the same main cause include Open Door Mission ($32.7m), Real Services Inc ($32.8m) and Senior Resources of West Michigan ($32.7m).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 99% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $420k (1.3% of expenses). Other salaries and wages came to $9.6m. At year end it held assets of $10.9m against liabilities of $5.1m, net assets of $5.8m. It reported 405 employees.