Community Colleges of New Hampshire Foundation

Analysis

Community Colleges of New Hampshire Foundation is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in June 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Community Colleges of New Hampshire Foundation reported income of $1.3m and spending of $989k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $636k to $1.3m (+100%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 163%. Over the whole period it spent 66% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Community Colleges of New Hampshire Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NH. Charities of a similar size with the same main cause include Ballenisles Charties Foundation Inc ($1.3m), United Way of Harrison County Inc ($1.3m) and Fund for Southern Communities Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $7.0m against liabilities of $3,847, net assets of $7.0m.