New Hampshire Musculoskeletal Inst- Itute
Analysis
New Hampshire Musculoskeletal Inst- Itute is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in August 1994, 32 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 December 2023, New Hampshire Musculoskeletal Inst- Itute reported income of $990k and spending of $945k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $875k to $990k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 95% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Hampshire Musculoskeletal Inst- Itute sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within NH. Charities of a similar size with the same main cause include Hampshire County Pathways Inc Dba Wvcorr ($990k), RGV Hie ($990k) and HB Outpatient Rehabilitative Services Inc ($990k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $94k (9.9% of expenses). At year end it held assets of $1.1m against liabilities of $77k, net assets of $1000k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Program services 28%
- Other 29%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hampshire County Pathways Inc Dba Wvcorr | Romney | $990k |
| RGV Hie | Harlingen | $990k |
| HB Outpatient Rehabilitative Services Inc | Jacksonville | $990k |
| Families Together Inc | Wichita | $991k |