New Hampshire Learning Initiative Inc

Analysis

New Hampshire Learning Initiative Inc is a registered charity in United States, based in North Hampton, NH. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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, New Hampshire Learning Initiative Inc reported income of $2.1m and spending of $2.5m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $2.1m (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, New Hampshire Learning Initiative Inc sits at the 83rd percentile: it is larger than about 83% 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 Three Rivers Montessori ($2.1m), Education Alliance for New Hampshire ($2.1m) and Diversity Richmond ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $150k (6.1% of expenses). Other salaries and wages came to $776k. At year end it held assets of $1.8m against liabilities of $214k, net assets of $1.6m. It reported 12 employees.