Reaching Higher New Hampshire Inc

Analysis

Reaching Higher New Hampshire Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in August 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, Reaching Higher New Hampshire Inc reported income of $434k and spending of $379k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $755k to $434k (-42%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reaching Higher New Hampshire Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within NH. Charities of a similar size with the same main cause include Institute for Industrial and Applied Life Science ($434k), Rural Schools Innovation Zone ($434k) and Center for Inspired Teaching ($434k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $116k (31% of expenses). Other salaries and wages came to $101k. At year end it held assets of $351k against liabilities of $6,566, net assets of $344k. It reported 6 employees.