Special Olympics New Hampshire Inc

Analysis

Special Olympics New Hampshire Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in June 1972, 54 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 December 2023, Special Olympics New Hampshire Inc reported income of $1.9m and spending of $2.3m, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $1.9m (-23%), an average of -6.5% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Special Olympics New Hampshire Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NH. Charities of a similar size with the same main cause include Christiana Care Health System Inc ($1.9m), Mennonite Gospel Missions ($1.9m) and Paralyzed Veterans of America ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $2.3m against liabilities of $576k, net assets of $1.7m. It reported 35 employees.