Elliot Hospital Associates

Analysis

Elliot Hospital Associates is a registered charity in United States, based in Manchester, NH. It received its IRS tax-exemption ruling in October 1960, 66 years ago. Its declared purposes cover health care, 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 June 2024, Elliot Hospital Associates reported income of $393k and spending of $204k, leaving 48% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $339k to $393k (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 35%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elliot Hospital Associates sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within NH. Charities of a similar size with the same main cause include Rock Chalk Roundball Classic Inc ($393k), Wades Army ($393k) and Hope for Healthy Families Counseling Center ($393k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.7% and program service revenue 7.1% of the total. Other salaries and wages came to $70k. At year end it held assets of $4.0m against liabilities of $14k, net assets of $4.0m.