Is Breathe New Hampshire Legit?

Breathe New Hampshire demonstrates a generally stable financial position with significant assets, though recent revenue has fluctuated considerably. In fiscal year 2023, the organization reported revenue of $553,793 against expenses of $772,451, indicating a deficit for the period. This follows a strong revenue year in 2022 ($1,895,804) and 2021 ($1,942,536), suggesting reliance on potentially inconsistent funding sources or significant one-time gains. The organization consistently holds substantial assets, with $17,834,525 in 2023, which provides a strong financial cushion relative to its annual expenses. The organization's spending efficiency appears to be a point of concern, as expenses have frequently exceeded revenue in several recent years (e.g., 2023, 2020, 2017, 2016, 2014). While the specific breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the consistent deficits suggest that operational costs may be high relative to incoming funds. The absence of reported officer compensation across all filings indicates strong transparency regarding executive pay, as it suggests either a volunteer board or that compensation falls below reporting thresholds, which is a positive sign for a nonprofit of this size. Overall, Breathe New Hampshire maintains a robust asset base, but its operational sustainability is challenged by inconsistent revenue streams and recurring deficits. Further analysis of its functional expenses would be crucial to fully assess its spending efficiency and program impact. The lack of reported officer compensation is a positive indicator of transparency.