New Hampshire Community Loan Fund

Analysis

New Hampshire Community Loan Fund is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in May 1984, 42 years ago. 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 2024, New Hampshire Community Loan Fund reported income of $28.0m and spending of $20.7m, leaving 26% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $13.1m to $28.0m (+114%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 90%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hampshire Community Loan Fund sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NH. Charities of a similar size with the same main cause include Northeast Ohio Neighborhood Health Services Inc ($28.0m), Alternatives for Children ($28.0m) and Oshman Family Jewish Community Center ($28.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $519k (2.5% of expenses). Other salaries and wages came to $4.4m. At year end it held assets of $220.2m against liabilities of $163.4m, net assets of $56.8m. It reported 62 employees.