New Hampshire Innovation and Creativity Connection

Analysis

New Hampshire Innovation and Creativity Connection is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in April 1987, 39 years ago. 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 August 2023, New Hampshire Innovation and Creativity Connection reported income of $145k and spending of $117k, spending 81% of its income. Across the 3 years on record, from August 2020 to August 2023, income grew from $87k to $145k (+66%), an average of +29% a year. The sharpest change came in the year to August 2023, when income rose by 191%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hampshire Innovation and Creativity Connection sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within NH. Charities of a similar size with the same main cause include Plymouth Public Library ($145k), Lifegate Outreach ($145k) and St Cloud Symphony Orchestra ($145k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 29% and program service revenue 70% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.