Manufacturing Extension Partnership of New Hampshire Inc

Analysis

Manufacturing Extension Partnership of New Hampshire Inc is a registered charity in United States, based in Bow, NH. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 2023, Manufacturing Extension Partnership of New Hampshire Inc reported income of $1.4m and spending of $1.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.4m (+4.3%), an average of +1.1% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Manufacturing Extension Partnership of New Hampshire Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within NH. Charities of a similar size with the same main cause include Habitat for Humanity Greater Garland Inc ($1.4m), Raphah Institute ($1.4m) and Women in Non Traditional Employment Roles ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $144k (10% of expenses). Other salaries and wages came to $515k. At year end it held assets of $418k against liabilities of $146k, net assets of $272k. It reported 8 employees.