Nashua Center

Analysis

Nashua Center is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in January 1977, 49 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 2024, Nashua Center reported income of $7.3m and spending of $7.2m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.8m to $7.3m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2024, when income rose by 26%. 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, Nashua Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within NH. Charities of a similar size with the same main cause include Nottingham Residential Health Care Facility ($7.3m), Iowa Mennonite Benevolent Association ($7.3m) and T a S K ($7.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $104k (1.4% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $2.3m against liabilities of $1.1m, net assets of $1.2m. It reported 79 employees.