Huntington at Nashua

Analysis

Huntington at Nashua is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 April 2023, Huntington at Nashua reported income of $12.8m and spending of $13.5m, spending 105% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income fell from $12.9m to $12.8m (-0.3%), an average of -0.1% a year. The sharpest change came in the year to April 2022, when income rose by 42%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Huntington at Nashua sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within NH. Charities of a similar size with the same main cause include Cocoon House ($12.8m), Rupco Inc ($12.8m) and Friendship Shelter Inc ($12.8m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 1.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $198k (1.5% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $71.3m against liabilities of $74.9m, net assets of -$3.6m. It reported 206 employees.