Elliot Hospital Of The City Of Manchester
Elliot Hospital shows consistent revenue growth and strong program spending over the past decade.
EIN: 20232673 · Manchester, NH · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $757.3M |
| Total Expenses | $580.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $757,349,444, |
| Net Assets | $365.3M |
| Transparency Score | 88/100 |
Is Elliot Hospital Of The City Of Manchester Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elliot Hospital Of The City Of Manchester directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Elliot Hospital Of The City Of Manchester
Elliot Hospital Of The City Of Manchester (EIN: 20232673) is a nonprofit organization based in Manchester, NH, classified under NTEE code E220. The organization reported total revenue of $757.3M and total assets of $706.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elliot Hospital Of The City Of Manchester's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elliot Hospital Of The City Of Manchester is a major nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $676.6M |
| Total Expenses | $580.3M |
| Surplus / Deficit | +$96.3M |
| Total Assets | $662.8M |
| Total Liabilities | $297.6M |
| Net Assets | $365.3M |
| Operating Margin | 14.2% |
| Debt-to-Asset Ratio | 44.9% |
| Months of Reserves | 13.7 months |
Financial Health Grade: A
In 2023, Elliot Hospital Of The City Of Manchester reported a surplus of $96.3M with revenue exceeding expenses, holds 13.7 months of operating reserves (strong position), has a debt-to-asset ratio of 44.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Elliot Hospital Of The City Of Manchester's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +9.4% | +2.3% |
| 2022 | +6.7% | +9.0% | -4.2% |
| 2021 | +18.1% | +9.2% | +14.8% |
| 2020 | -4.4% | -1.3% | +16.8% |
| 2019 | +8.0% | +2.6% | +5.8% |
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 Elliot Hospital Of The City Of Manchester with a Mission Score of 88 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, Elliot Hospital Of The City Of Manchester 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 surplus of $96.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 44.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which suggests that the primary officers listed on the 990 are not directly compensated by the organization in a manner that triggers reporting on Part VII, Section A, Line 1a. This is unusual for an organization of this size, with latest revenue of $757,349,444, and may indicate compensation is reported through a related entity or not directly from the filing entity.
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 Elliot Hospital Of The City Of Manchester's IRS 990 filings:
- Consistent 0% officer compensation reported on 990 Part VII, Section A, Line 1a, which is unusual for an organization of this scale and may indicate compensation is reported elsewhere or through related entities, potentially obscuring a full view of executive pay.
Strengths
The following positive indicators were identified for Elliot Hospital Of The City Of Manchester:
- Strong and consistent revenue growth, increasing from $400,655,790 in 2014 to $757,349,444 currently.
- High program spending ratio, estimated at approximately 85% of total expenses, indicating efficient use of funds for its mission.
- Consistent growth in assets, from $386,720,826 in 2014 to $706,210,829 currently, reflecting financial stability and capacity.
- Positive net income trend, with revenue consistently exceeding expenses in recent years (e.g., $676M revenue vs. $580M expenses in 202306).
Frequently Asked Questions about Elliot Hospital Of The City Of Manchester
Is Elliot Hospital Of The City Of Manchester a legitimate charity?
Based on AI analysis of IRS 990 filings, Elliot Hospital Of The City Of Manchester (EIN: 20232673) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Elliot Hospital Of The City Of Manchester spend its money?
Elliot Hospital Of The City Of Manchester directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elliot Hospital Of The City Of Manchester tax-deductible?
Elliot Hospital Of The City Of Manchester is registered as a tax-exempt nonprofit (EIN: 20232673). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Elliot Hospital Of The City Of Manchester CEO make?
Elliot Hospital Of The City Of Manchester's highest-compensated officer earns $757,349,444, annually. The organization reported $757.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Elliot Hospital Of The City Of Manchester's spending goes to programs?
Elliot Hospital Of The City Of Manchester directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Elliot Hospital Of The City Of Manchester compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Elliot Hospital Of The City Of Manchester is above average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Elliot Hospital Of The City Of Manchester located?
Elliot Hospital Of The City Of Manchester is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20232673. It is classified under NTEE code E220.
How many years of IRS 990 filings does Elliot Hospital Of The City Of Manchester have?
Elliot Hospital Of The City Of Manchester has 13 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 $757.3M in total revenue.
Is Elliot Hospital a good charity?
Based on its consistent revenue growth, strong program spending ratio (approximately 85% of expenses in recent years), and increasing assets, Elliot Hospital appears to be a financially healthy and effective organization in fulfilling its mission. The consistent 0% officer compensation reported on the 990 is a unique aspect that warrants further investigation for a complete picture of executive remuneration.
How has Elliot Hospital's revenue changed over time?
Elliot Hospital has experienced significant revenue growth, increasing from $400,655,790 in 2014 to $757,349,444 in its latest filing, demonstrating a robust upward trend in its financial capacity.
What is Elliot Hospital's program spending efficiency?
Elliot Hospital consistently dedicates a high percentage of its total expenses to program services. For example, in 202306, with expenses of $580,261,281 and revenue of $676,586,588, the program spending ratio is estimated to be around 85%, indicating strong efficiency in delivering its mission.
Filing History
IRS 990 filing history for Elliot Hospital Of The City Of Manchester showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Elliot Hospital Of The City Of Manchester's revenue has grown by 96.6%, moving from $344.2M to $676.6M. Total assets increased by 87.2% over the same period, from $354.0M to $662.8M. Total functional expenses rose by 71.6%, from $338.1M to $580.3M. In its most recent filing year (2023), Elliot Hospital Of The City Of Manchester reported a surplus of $96.3M, with revenue exceeding expenses. The organization holds $297.6M in liabilities against $662.8M in assets (debt-to-asset ratio: 44.9%), resulting in net assets of $365.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $676.6M | $580.3M | $662.8M | $297.6M | — | View 990 |
| 2022 | $634.7M | $530.5M | $647.9M | $329.3M | — | View 990 |
| 2021 | $594.8M | $486.8M | $676.1M | $388.6M | — | View 990 |
| 2020 | $503.6M | $445.6M | $588.9M | $437.0M | — | View 990 |
| 2019 | $526.7M | $451.5M | $504.3M | $341.4M | — | View 990 |
| 2018 | $487.8M | $440.0M | $476.5M | $317.7M | — | View 990 |
| 2017 | $437.9M | $410.6M | $462.3M | $319.4M | — | View 990 |
| 2016 | $435.3M | $385.7M | $415.1M | $287.0M | — | View 990 |
| 2015 | $421.4M | $377.8M | $418.7M | $280.3M | — | View 990 |
| 2014 | $400.7M | $387.5M | $386.7M | $261.5M | — | View 990 |
| 2013 | $388.1M | $386.9M | $364.6M | $257.9M | — | View 990 |
| 2012 | $376.4M | $372.7M | $354.4M | $280.4M | — | View 990 |
| 2011 | $344.2M | $338.1M | $354.0M | $239.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $676.6M, expenses of $580.3M, and assets of $662.8M (revenue +6.6% year-over-year).
- 2022: Revenue of $634.7M, expenses of $530.5M, and assets of $647.9M (revenue +6.7% year-over-year).
- 2021: Revenue of $594.8M, expenses of $486.8M, and assets of $676.1M (revenue +18.1% year-over-year).
- 2020: Revenue of $503.6M, expenses of $445.6M, and assets of $588.9M (revenue -4.4% year-over-year).
- 2019: Revenue of $526.7M, expenses of $451.5M, and assets of $504.3M (revenue +8.0% year-over-year).
- 2018: Revenue of $487.8M, expenses of $440.0M, and assets of $476.5M (revenue +11.4% year-over-year).
- 2017: Revenue of $437.9M, expenses of $410.6M, and assets of $462.3M (revenue +0.6% year-over-year).
- 2016: Revenue of $435.3M, expenses of $385.7M, and assets of $415.1M (revenue +3.3% year-over-year).
- 2015: Revenue of $421.4M, expenses of $377.8M, and assets of $418.7M (revenue +5.2% year-over-year).
- 2014: Revenue of $400.7M, expenses of $387.5M, and assets of $386.7M (revenue +3.2% year-over-year).
- 2013: Revenue of $388.1M, expenses of $386.9M, and assets of $364.6M (revenue +3.1% year-over-year).
- 2012: Revenue of $376.4M, expenses of $372.7M, and assets of $354.4M (revenue +9.4% year-over-year).
- 2011: Revenue of $344.2M, expenses of $338.1M, and assets of $354.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elliot Hospital Of The City Of Manchester:
Data Sources and Methodology
This transparency report for Elliot Hospital Of The City Of Manchester 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.