Capital Region Health Ventures Corporation

Analysis

Capital Region Health Ventures Corporation is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Capital Region Health Ventures Corporation reported income of $9.5m and spending of $5.6m, leaving 41% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $10.2m to $9.5m (-7.3%), an average of -1.9% a year. The sharpest change came in the year to September 2021, when income rose by 73%. Over the whole period it spent 52% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Capital Region Health Ventures Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within NH. Charities of a similar size with the same main cause include Sacred Heart Rehabilitation Institute Inc ($9.5m), Unity Health - Newport ($9.5m) and Columbus Regional Medical Foundation Inc ($9.5m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 52% of the total. At year end it held assets of $11.0m against liabilities of $270k, net assets of $10.7m.