Concord Hospital Trust

Analysis

Concord Hospital Trust is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Concord Hospital Trust reported income of $12.3m and spending of $16.0m, spending 130% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.0m to $12.3m (+313%), an average of +42% a year. The sharpest change came in the year to September 2020, when income rose by 107%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Concord Hospital Trust 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 96th percentile, and in the 96th percentile within NH. Charities of a similar size with the same main cause include The Foundation for Delaware County ($12.3m), The Childrens Hospital of Buffalo Foundation ($12.3m) and MJHS Medical Associates PC ($12.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $59.1m against liabilities of $4.1m, net assets of $54.9m.