Is New Hampshire Center For Public Policy Studies Legit?

The New Hampshire Center For Public Policy Studies has consistently operated at a deficit over the past seven years, with expenses exceeding revenue in every reported period. For instance, in 2017, expenses were $342,050 against revenues of $253,481, indicating a significant reliance on prior assets or other funding sources to cover operational costs. This trend suggests potential long-term financial instability if not addressed. The organization's assets have also shown a declining trend, from $437,439 in 2011 to $118,932 in 2017, further highlighting a draw-down of reserves. While the provided data does not include a detailed breakdown of program, administrative, and fundraising expenses, the consistent operational deficits are a primary concern for financial health. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or compensation below reporting thresholds, which could be a positive for efficiency if true, but also raises questions about the scale of operations given the expense levels. Without more granular spending data, a full assessment of spending efficiency is challenging, but the overall financial trajectory warrants close monitoring.