Is Amoskeag Health Legit?

Amoskeag Health demonstrates a consistent commitment to its mission as a healthcare provider, evidenced by its NTEE code E32Z (Community Health Systems) and sustained revenue growth over the past decade, from $7.98 million in 2014 to $23.76 million in 2023. The organization's financial health appears stable, though the 2023 filing shows expenses ($26,555,193) exceeding revenue ($23,761,444), resulting in a deficit for that period. This contrasts with several prior years where revenue exceeded expenses, such as 2021 where revenue was $23,787,974 against expenses of $21,281,668. Spending efficiency is generally strong, with a significant portion of expenses likely directed towards program services, typical for a direct service healthcare provider. The consistent reporting of 0% for Officer Compensation across all available filings suggests that executive compensation is either not reported in this section or is minimal, which could be a positive indicator of resource allocation towards programs, or it could indicate a lack of transparency if compensation is simply not being disclosed in the 'Officer Comp' field. Transparency is moderately good, with 12 years of consistent 990 filings available. However, the lack of specific breakdown for program, administrative, and fundraising expenses in the provided data limits a detailed assessment of spending efficiency beyond the overall revenue and expense figures. The consistent growth in assets, from $4.9 million in 2014 to $9.57 million in 2023, indicates prudent financial management and capacity building.