Endowment For Health Inc
Endowment For Health Inc maintains over $100 million in assets with 0% reported officer compensation.
EIN: 20512290 · Concord, NH · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.9M |
| Total Expenses | $5.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $94.3M |
| Transparency Score | 85/100 |
Is Endowment For Health Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Endowment For Health Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Endowment For Health Inc
Endowment For Health Inc (EIN: 20512290) is a nonprofit organization based in Concord, NH, classified under NTEE code T22. The organization reported total revenue of $11.9M and total assets of $106.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Endowment For Health Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Endowment For Health Inc is a large nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.9M |
| Total Expenses | $5.8M |
| Surplus / Deficit | +$2.1M |
| Total Assets | $97.0M |
| Total Liabilities | $2.7M |
| Net Assets | $94.3M |
| Operating Margin | 26.3% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 200.1 months |
Financial Health Grade: A
In 2023, Endowment For Health Inc reported a surplus of $2.1M with revenue exceeding expenses, holds 200.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Endowment For Health Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.0% | +1.5% | +2.5% |
| 2022 | +158.5% | +23.6% | -9.3% |
| 2021 | +103.6% | +7.8% | +21.2% |
| 2020 | -41.5% | +3.8% | +0.4% |
| 2019 | +109.6% | -1.5% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Endowment For Health Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Endowment For Health Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $2.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with over $100 million in assets and annual expenses in the millions. This suggests either a volunteer leadership model or that compensation is categorized differently, warranting further investigation for complete transparency.
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 Endowment For Health Inc's IRS 990 filings:
- Consistent 0% reported officer compensation for an organization with over $100 million in assets, which is highly unusual and may obscure actual executive remuneration.
- Significant revenue volatility, indicating potential reliance on unpredictable investment returns rather than stable funding sources.
Strengths
The following positive indicators were identified for Endowment For Health Inc:
- Strong and growing asset base, exceeding $100 million, providing long-term financial stability.
- Consistent expense management, with annual expenses generally in the $4-5 million range despite revenue fluctuations.
- High transparency regarding officer compensation, even if the 0% figure warrants further inquiry.
Frequently Asked Questions about Endowment For Health Inc
Is Endowment For Health Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Endowment For Health Inc (EIN: 20512290) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Endowment For Health Inc spend its money?
Endowment For Health Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Endowment For Health Inc tax-deductible?
Endowment For Health Inc is registered as a tax-exempt nonprofit (EIN: 20512290). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Endowment For Health Inc CEO make?
Endowment For Health Inc's highest-compensated officer earns $100 annually. The organization reported $11.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Endowment For Health Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Endowment For Health Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Endowment For Health Inc located?
Endowment For Health Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 20512290. It is classified under NTEE code T22.
How many years of IRS 990 filings does Endowment For Health Inc have?
Endowment For Health Inc has 10 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 $11.9M in total revenue.
How does Endowment For Health Inc manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It suggests either a fully volunteer-led executive team or that executive compensation is categorized under other expense lines, which would require further clarification from the organization.
What is the primary source of Endowment For Health Inc's revenue given its fluctuations?
Revenue has varied significantly, from $2.1 million to $13.8 million. This volatility, coupled with the organization's name 'Endowment For Health', suggests that investment returns from its substantial endowment are a major, if not primary, source of revenue, rather than consistent program service fees or grants.
What is the breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown. While the 0% officer compensation implies low administrative overhead, a precise allocation of expenses to programs, administration, and fundraising is needed for a complete understanding of spending efficiency.
Filing History
IRS 990 filing history for Endowment For Health Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Endowment For Health Inc's revenue has grown by 49.9%, moving from $5.3M to $7.9M. Total assets increased by 33.6% over the same period, from $72.6M to $97.0M. Total functional expenses rose by 41.1%, from $4.1M to $5.8M. In its most recent filing year (2023), Endowment For Health Inc reported a surplus of $2.1M, with revenue exceeding expenses. The organization holds $2.7M in liabilities against $97.0M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $94.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.9M | $5.8M | $97.0M | $2.7M | — | View 990 |
| 2022 | $13.8M | $5.7M | $94.6M | $2.0M | — | View 990 |
| 2021 | $5.4M | $4.6M | $104.3M | $1.4M | — | View 990 |
| 2020 | $2.6M | $4.3M | $86.0M | $978K | — | View 990 |
| 2019 | $4.5M | $4.1M | $85.7M | $1.2M | — | View 990 |
| 2015 | $2.1M | $4.2M | $77.9M | $1.2M | — | View 990 |
| 2014 | $6.4M | $3.4M | $85.3M | $1.0M | — | View 990 |
| 2013 | $2.4M | $3.5M | $82.2M | $1.2M | — | View 990 |
| 2012 | $2.4M | $3.5M | $78.5M | $1.5M | — | View 990 |
| 2011 | $5.3M | $4.1M | $72.6M | $2.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.9M, expenses of $5.8M, and assets of $97.0M (revenue -43.0% year-over-year).
- 2022: Revenue of $13.8M, expenses of $5.7M, and assets of $94.6M (revenue +158.5% year-over-year).
- 2021: Revenue of $5.4M, expenses of $4.6M, and assets of $104.3M (revenue +103.6% year-over-year).
- 2020: Revenue of $2.6M, expenses of $4.3M, and assets of $86.0M (revenue -41.5% year-over-year).
- 2019: Revenue of $4.5M, expenses of $4.1M, and assets of $85.7M (revenue +109.6% year-over-year).
- 2015: Revenue of $2.1M, expenses of $4.2M, and assets of $77.9M (revenue -66.3% year-over-year).
- 2014: Revenue of $6.4M, expenses of $3.4M, and assets of $85.3M (revenue +170.6% year-over-year).
- 2013: Revenue of $2.4M, expenses of $3.5M, and assets of $82.2M (revenue -1.2% year-over-year).
- 2012: Revenue of $2.4M, expenses of $3.5M, and assets of $78.5M (revenue -54.7% year-over-year).
- 2011: Revenue of $5.3M, expenses of $4.1M, and assets of $72.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Endowment For Health Inc:
Data Sources and Methodology
This transparency report for Endowment For Health Inc 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.