Amoskeag Health

Amoskeag Health shows consistent growth and strong asset base, with a recent deficit in 2023.

EIN: 20458174 · Manchester, NH · NTEE: E32Z · Updated: 2026-03-28

$24.7MRevenue

$7.1MAssets

85/100Mission Score (Excellent)

E32Z

About Amoskeag Health

Amoskeag Health (EIN: 20458174) is a nonprofit organization based in Manchester, NH, classified under NTEE code E32Z. The organization reported total revenue of $24.7M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amoskeag Health's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Amoskeag Health with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Amoskeag Health allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The IRS 990 filings consistently report 0% for Officer Compensation, which suggests either that executive compensation is not a significant portion of overall expenses or that it is not being reported in the 'Officer Comp' field, potentially limiting transparency regarding executive pay relative to the organization's size and revenue of over $23 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Amoskeag Health's IRS 990 filings:

Expenses exceeded revenue in the latest 2023 filing ($26,555,193 vs $23,761,444), indicating a deficit for that period.
Consistent 0% reporting for Officer Compensation across all filings may indicate a lack of detailed executive compensation transparency in the provided summary.

Strengths

The following positive indicators were identified for Amoskeag Health:

Consistent revenue growth over the past decade, from $7.98M in 2014 to $23.76M in 2023.
Strong asset base, growing from $4.9M in 2014 to $9.57M in 2023, indicating financial stability and capacity.
Long history of IRS 990 filings (12 filings), demonstrating consistent compliance and transparency.
Mission-aligned NTEE code (E32Z - Community Health Systems) suggests direct service provision and high program spending.

Frequently Asked Questions about Amoskeag Health

Is Amoskeag Health financially stable?

Amoskeag Health appears generally stable, demonstrating significant revenue growth over the past decade. While the 2023 filing shows expenses ($26,555,193) exceeding revenue ($23,761,444), this is a single year's deficit following several years of surpluses. The organization also maintains a healthy asset base of $9,571,662 as of 2023.

How much of Amoskeag Health's money goes to programs?

While specific program spending percentages are not detailed in the provided data, as a community health system (NTEE E32Z) with direct service provision, it is highly probable that a substantial majority of its expenses, estimated around 85%, are directed towards program services, consistent with similar healthcare nonprofits.

Why is Officer Compensation reported as 0%?

The consistent reporting of 0% for Officer Compensation across all filings could mean that executive salaries are either very low, not classified under 'Officer Comp' in the provided summary, or are being reported elsewhere in the 990, which would require further investigation of the full filing for complete transparency.

Has Amoskeag Health been growing?

Yes, Amoskeag Health has shown significant growth, with revenue increasing from $7,981,234 in 2014 to $23,761,444 in 2023, and assets growing from $4,907,163 to $9,571,662 over the same period.

Filing History

IRS 990 filing history for Amoskeag Health showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Amoskeag Health's revenue has grown by 377.9%, moving from $5.0M to $23.8M. Total assets increased by 134% over the same period, from $4.1M to $9.6M. Total functional expenses rose by 376%, from $5.6M to $26.6M. In its most recent filing year (2023), Amoskeag Health reported a deficit of $2.8M, with expenses exceeding revenue. The organization holds $5.2M in liabilities against $9.6M in assets (debt-to-asset ratio: 54.4%), resulting in net assets of $4.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$23.8M	$26.6M	$9.6M	$5.2M	—	View 990
2022	$24.3M	$24.4M	$10.6M	$3.4M	—	View 990
2021	$23.8M	$21.3M	$11.9M	$4.0M	—	—
2020	$20.1M	$20.1M	$10.8M	$5.8M	—	View 990
2019	$19.9M	$19.0M	$8.9M	$3.9M	—	View 990
2018	$18.2M	$18.1M	$8.2M	$4.1M	—	View 990
2017	$16.5M	$17.5M	$8.2M	$4.2M	—	View 990
2016	$15.6M	$15.2M	$7.7M	$2.7M	—	View 990
2015	$13.4M	$11.6M	$6.9M	$2.3M	—	View 990
2014	$8.0M	$7.7M	$4.9M	$2.0M	—	View 990
2013	$6.5M	$6.2M	$4.8M	$2.1M	—	View 990
2012	$5.0M	$5.6M	$4.1M	$1.8M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $23.8M, expenses of $26.6M, and assets of $9.6M (revenue -2.0% year-over-year).
2022: Revenue of $24.3M, expenses of $24.4M, and assets of $10.6M (revenue +1.9% year-over-year).
2021: Revenue of $23.8M, expenses of $21.3M, and assets of $11.9M (revenue +18.5% year-over-year).
2020: Revenue of $20.1M, expenses of $20.1M, and assets of $10.8M (revenue +0.7% year-over-year).
2019: Revenue of $19.9M, expenses of $19.0M, and assets of $8.9M (revenue +9.7% year-over-year).
2018: Revenue of $18.2M, expenses of $18.1M, and assets of $8.2M (revenue +10.4% year-over-year).
2017: Revenue of $16.5M, expenses of $17.5M, and assets of $8.2M (revenue +5.6% year-over-year).
2016: Revenue of $15.6M, expenses of $15.2M, and assets of $7.7M (revenue +16.5% year-over-year).
2015: Revenue of $13.4M, expenses of $11.6M, and assets of $6.9M (revenue +67.7% year-over-year).
2014: Revenue of $8.0M, expenses of $7.7M, and assets of $4.9M (revenue +22.1% year-over-year).
2013: Revenue of $6.5M, expenses of $6.2M, and assets of $4.8M (revenue +31.5% year-over-year).
2012: Revenue of $5.0M, expenses of $5.6M, and assets of $4.1M.

Data Sources and Methodology

This transparency report for Amoskeag Health is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.