New Hampshire College & University Council

Analysis

New Hampshire College & University Council is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in November 1967, 59 years ago. 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 June 2023, New Hampshire College & University Council reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $2.2m (+72%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 96%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hampshire College & University Council sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NH. Charities of a similar size with the same main cause include Harvest Evangelism Inc ($2.2m), Westview Behavioral Health Services ($2.2m) and Transylvania Christian Ministry Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $164k (7.5% of expenses). Other salaries and wages came to $449k. At year end it held assets of $1.7m against liabilities of $384k, net assets of $1.3m. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.