Belknap House

Analysis

Belknap House is a registered charity in United States, based in Laconia, NH. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Belknap House reported income of $723k and spending of $380k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $138k to $723k (+422%), an average of +51% a year. The sharpest change came in the year to December 2020, when income rose by 128%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Belknap House sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within NH. Charities of a similar size with the same main cause include Childrens Place Incorporated ($722k), Bayonne Family Community Center ($723k) and All Gods Children Daycare NP ($722k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $2,692 (0.7% of expenses). Other salaries and wages came to $253k. At year end it held assets of $906k against liabilities of $149k, net assets of $757k. It reported 11 employees.