New Hampshire Charitable Foundation

Analysis

New Hampshire Charitable Foundation is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in July 1963, 63 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 December 2023, New Hampshire Charitable Foundation reported income of $93.7m and spending of $77.1m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $103.4m to $93.7m (-9.3%), an average of -2.4% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 74% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, New Hampshire Charitable Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NH. Charities of a similar size with the same main cause include Greater Washington Community Foundation ($93.5m), Dietrich Foundation ($94.3m) and Colorado Gives Foundation ($92.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $1.2m (1.6% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $1.00bn against liabilities of $66.8m, net assets of $936.1m. It reported 60 employees.