NH Automtoive Education Foundation Inc

Analysis

NH Automtoive Education Foundation Inc is a registered charity in United States, based in Bow, NH. It received its IRS tax-exemption ruling in December 1991, 35 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 April 2023, NH Automtoive Education Foundation Inc reported income of $311k and spending of $346k, spending 111% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income fell from $359k to $311k (-13%), an average of -3.6% a year. The sharpest change came in the year to April 2021, when income rose by 136%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, NH Automtoive Education Foundation Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within NH. Charities of a similar size with the same main cause include Nami Washtenaw County ($311k), Connecting Through the Arts and Education ($311k) and Thomas County Historical Society ($311k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 68% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $16k (4.6% of expenses). Other salaries and wages came to $164k. At year end it held assets of $1.0m against liabilities of $252k, net assets of $749k.