Nashua Community Arts

Analysis

Nashua Community Arts is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in May 2020, 6 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, Nashua Community Arts reported income of $862k and spending of $991k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $584k to $862k (+48%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 179%. 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, Nashua Community Arts sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NH. Charities of a similar size with the same main cause include Spouse Sexual Abuse Family Education Center Inc ($862k), Tsunami Enterprises ($862k) and Oregon Association for the Education of Young Children ($862k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.1m against liabilities of $32k, net assets of $1.1m.