Chase Home For Children In Portsmouth N H
Chase Home For Children: Declining Revenue, Stable Assets, and High Program Spending
EIN: 22229190 · Portsmouth, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $605K |
| Program Spending | 85% |
| Net Assets | $9.5M |
| Transparency Score | 75/100 |
Is Chase Home For Children In Portsmouth N H Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chase Home For Children In Portsmouth N H directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chase Home For Children In Portsmouth N H
Chase Home For Children In Portsmouth N H (EIN: 22229190) is a nonprofit organization based in Portsmouth, NH. The organization reported total revenue of $2.1M and total assets of $10.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chase Home For Children In Portsmouth N H's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chase Home For Children In Portsmouth N H is a mid-size nonprofit that has been operating for 84 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $605K |
| Surplus / Deficit | $-395,595 |
| Total Assets | $9.7M |
| Total Liabilities | $214K |
| Net Assets | $9.5M |
| Operating Margin | -188.9% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 193.3 months |
Financial Health Grade: B
In 2023, Chase Home For Children In Portsmouth N H reported a deficit of $396K with expenses exceeding revenue, holds 193.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Chase Home For Children In Portsmouth N H's revenue has declined at a compound annual growth rate (CAGR) of -13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.8% | +10.1% | +3.1% |
| 2022 | -39.3% | -0.1% | -13.6% |
| 2021 | +40.5% | +4.3% | +21.0% |
| 2020 | -76.1% | -68.5% | -2.4% |
| 2019 | +46.2% | +32.8% | +18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chase Home For Children In Portsmouth N H with a Mission Score of 75 out of 100 (Good). 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, Chase Home For Children In Portsmouth N H 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $396K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
Executive compensation cannot be assessed due to the absence of specific compensation figures in the provided financial filings.
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 Chase Home For Children In Portsmouth N H's IRS 990 filings:
- Revenue has shown a significant decline from $1,682,319 in 2019 to $209,410 in 2023, raising concerns about long-term financial sustainability.
- The organization's net assets have fluctuated, with a notable decrease from $10,950,106 in 2021 to $9,747,294 in 2023, despite stable total assets.
Strengths
The following positive indicators were identified for Chase Home For Children In Portsmouth N H:
- Consistently high percentage of expenses dedicated to programs (e.g., 85% in 2023), indicating a strong focus on its mission.
- Maintains a substantial asset base, with total assets consistently above $9 million in recent years, providing financial stability.
- Long history of operation with publicly available financial data dating back to 2013, demonstrating transparency over time.
Frequently Asked Questions about Chase Home For Children In Portsmouth N H
Is Chase Home For Children In Portsmouth N H a legitimate charity?
Chase Home For Children In Portsmouth N H (EIN: 22229190) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $2.1M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Chase Home For Children In Portsmouth N H spend its money?
Chase Home For Children In Portsmouth N H directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Chase Home For Children In Portsmouth N H tax-deductible?
Chase Home For Children In Portsmouth N H is registered as a tax-exempt nonprofit (EIN: 22229190). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Chase Home For Children In Portsmouth N H's spending goes to programs?
Chase Home For Children In Portsmouth N H directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Chase Home For Children In Portsmouth N H located?
Chase Home For Children In Portsmouth N H is headquartered in Portsmouth, New Hampshire and files with the IRS under EIN 22229190.
How many years of IRS 990 filings does Chase Home For Children In Portsmouth N H have?
Chase Home For Children In Portsmouth N H has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.1M in total revenue.
What does Chase Home For Children In Portsmouth N H do?
Chase Home For Children In Portsmouth N H is a nonprofit organization in the Unknown sector, located in Portsmouth, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does Chase Home For Children In Portsmouth N H have?
Chase Home For Children In Portsmouth N H reported total revenue of $2,113,307. Based on 9 IRS 990 filings on record.
What are Chase Home For Children In Portsmouth N H's total assets?
Chase Home For Children In Portsmouth N H holds total assets of $10,650,451 as reported in IRS 990 filings.
Where is Chase Home For Children In Portsmouth N H located?
Chase Home For Children In Portsmouth N H is based in Portsmouth, New Hampshire.
What is Chase Home For Children In Portsmouth N H's EIN?
Chase Home For Children In Portsmouth N H's Employer Identification Number (EIN) is 22229190. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Chase Home For Children In Portsmouth N H?
Chase Home For Children In Portsmouth N H is classified under NTEE code Unknown (Unknown).
Is Chase Home For Children In Portsmouth N H a registered 501(c)(3)?
Chase Home For Children In Portsmouth N H appears in IRS records (EIN: 22229190). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Chase Home For Children In Portsmouth N H file IRS Form 990?
Yes, Chase Home For Children In Portsmouth N H has 9 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Chase Home For Children In Portsmouth N H's revenue in 2023?
In the 202306 filing period, Chase Home For Children In Portsmouth N H reported total revenue of $209,410, total expenses of $605,005, and net assets of $9,747,294.
Is Chase Home For Children In Portsmouth N H's revenue growing or declining?
Chase Home For Children In Portsmouth N H's revenue is declining. Revenue went from $342,265 (202206) to $209,410 (202306), a -38.8% change. Based on 9 filings on record.
What is Chase Home For Children In Portsmouth N H's most recent 990 filing?
The most recent IRS Form 990 filing for Chase Home For Children In Portsmouth N H covers tax period 202306. It shows revenue of $209,410, expenses of $605,005, total assets of $9,747,294, and liabilities of $213,604.
How much does Chase Home For Children In Portsmouth N H spend on programs vs administration?
Based on IRS 990 analysis, Chase Home For Children In Portsmouth N H allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Chase Home For Children In Portsmouth N H a trustworthy charity?
Based on AI analysis of IRS 990 data, Chase Home For Children In Portsmouth N H appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Chase Home For Children In Portsmouth N H?
The following concerns were identified: Revenue has shown a significant decline from $1,682,319 in 2019 to $209,410 in 2023, raising concerns about long-term financial sustainability.. The organization's net assets have fluctuated, with a notable decrease from $10,950,106 in 2021 to $9,747,294 in 2023, despite stable total assets.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Chase Home For Children In Portsmouth N H's strengths?
Positive indicators for Chase Home For Children In Portsmouth N H include: Consistently high percentage of expenses dedicated to programs (e.g., 85% in 2023), indicating a strong focus on its mission.. Maintains a substantial asset base, with total assets consistently above $9 million in recent years, providing financial stability.. Long history of operation with publicly available financial data dating back to 2013, demonstrating transparency over time.. These findings are derived from AI analysis of the organization's financial filings.
How does Chase Home For Children In Portsmouth N H compensate executives?
Executive compensation cannot be assessed due to the absence of specific compensation figures in the provided financial filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the sharp decline in revenue from 2019 to 2023, and how is the organization planning to address this trend?
The provided data shows a significant drop in revenue from $1,682,319 in 2019 to $209,410 in 2023. Without further context, it's unclear if this is due to changes in funding sources, program scope, or other external factors. Understanding the strategic response to this decline is crucial for assessing future viability.
Given the declining revenue, how has Chase Home For Children maintained its high program spending percentage, and is this sustainable without impacting reserves?
Despite the revenue decrease, the organization has maintained a high program spending ratio (e.g., 85% in 2023). This suggests either a reduction in overall expenses, a reliance on accumulated assets, or a shift in operational efficiency. Further investigation is needed to determine the sustainability of this model and its potential impact on the organization's reserves.
Filing History
IRS 990 filing history for Chase Home For Children In Portsmouth N H showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Chase Home For Children In Portsmouth N H's revenue has declined by 78.7%, moving from $981K to $209K. Total assets increased by 40.5% over the same period, from $6.9M to $9.7M. Total functional expenses fell by 47%, from $1.1M to $605K. In its most recent filing year (2023), Chase Home For Children In Portsmouth N H reported a deficit of $396K, with expenses exceeding revenue. The organization holds $214K in liabilities against $9.7M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $9.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $605K | $9.7M | $214K | — | — |
| 2022 | $342K | $549K | $9.5M | $169K | — | View 990 |
| 2021 | $564K | $550K | $11.0M | $14K | — | — |
| 2020 | $402K | $527K | $9.0M | $14K | — | — |
| 2019 | $1.7M | $1.7M | $9.3M | $148K | — | View 990 |
| 2015 | $1.2M | $1.3M | $7.8M | $48K | — | View 990 |
| 2014 | $1.2M | $1.2M | $8.0M | $32K | — | View 990 |
| 2013 | $2.1M | $1.1M | $7.6M | $47K | — | View 990 |
| 2012 | $981K | $1.1M | $6.9M | $78K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $605K, and assets of $9.7M (revenue -38.8% year-over-year).
- 2022: Revenue of $342K, expenses of $549K, and assets of $9.5M (revenue -39.3% year-over-year).
- 2021: Revenue of $564K, expenses of $550K, and assets of $11.0M (revenue +40.5% year-over-year).
- 2020: Revenue of $402K, expenses of $527K, and assets of $9.0M (revenue -76.1% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.7M, and assets of $9.3M (revenue +46.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.3M, and assets of $7.8M (revenue -1.5% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $8.0M (revenue -44.8% year-over-year).
- 2013: Revenue of $2.1M, expenses of $1.1M, and assets of $7.6M (revenue +115.8% year-over-year).
- 2012: Revenue of $981K, expenses of $1.1M, and assets of $6.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chase Home For Children In Portsmouth N H:
Data Sources and Methodology
This transparency report for Chase Home For Children In Portsmouth N H 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.