Exeter Area Charitable Foundation
Exeter Area Charitable Foundation maintains stable finances with volunteer leadership and consistent asset growth.
EIN: 20485176 · Exeter, NH · NTEE: P20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $152K |
| Total Expenses | $152K |
| Program Spending | 90% |
| Net Assets | $158K |
| Transparency Score | 92/100 |
Is Exeter Area Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Exeter Area Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Exeter Area Charitable Foundation
Exeter Area Charitable Foundation (EIN: 20485176) is a nonprofit organization based in Exeter, NH, classified under NTEE code P20Z. The organization reported total revenue of $152K and total assets of $136K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Exeter Area Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Exeter Area Charitable Foundation is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $152K |
| Surplus / Deficit | $-29,980 |
| Total Assets | $160K |
| Total Liabilities | $2K |
| Net Assets | $158K |
| Operating Margin | -24.7% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 12.7 months |
Financial Health Grade: B
In 2023, Exeter Area Charitable Foundation reported a deficit of $30K with expenses exceeding revenue, holds 12.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Exeter Area Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.0% | +42.4% | -15.4% |
| 2022 | -15.0% | -0.6% | +11.7% |
| 2021 | +37.4% | -0.3% | +24.2% |
| 2020 | -17.6% | -1.0% | +11.3% |
| 2019 | +74.2% | +75.5% | +23.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Exeter Area Charitable Foundation with a Mission Score of 92 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Exeter Area Charitable Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 deficit of $30K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size.
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.
Strengths
The following positive indicators were identified for Exeter Area Charitable Foundation:
- Consistent 0% officer compensation, indicating volunteer leadership.
- Stable and growing asset base, from $91,092 in 2015 to $160,493 in 2023.
- Consistent filing of IRS 990 forms over 13 periods, demonstrating transparency.
- Relatively low liabilities, with $2,021 in 2023 and $1,206 in 2022.
Frequently Asked Questions about Exeter Area Charitable Foundation
Is Exeter Area Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Exeter Area Charitable Foundation (EIN: 20485176) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Exeter Area Charitable Foundation spend its money?
Exeter Area Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Exeter Area Charitable Foundation tax-deductible?
Exeter Area Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 20485176). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Exeter Area Charitable Foundation's spending goes to programs?
Exeter Area Charitable Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Exeter Area Charitable Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Exeter Area Charitable Foundation is above average for NTEE category P20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Exeter Area Charitable Foundation located?
Exeter Area Charitable Foundation is headquartered in Exeter, New Hampshire and files with the IRS under EIN 20485176. It is classified under NTEE code P20Z.
How many years of IRS 990 filings does Exeter Area Charitable Foundation have?
Exeter Area Charitable Foundation 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 $152K in total revenue.
Is Exeter Area Charitable Foundation a good charity?
Based on the provided data, the Exeter Area Charitable Foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating volunteer leadership, and has a stable financial history with growing assets. Its consistent IRS 990 filings also demonstrate transparency.
How does the organization manage its expenses relative to its revenue?
The organization generally manages its expenses well, though there have been periods where expenses exceeded revenue, such as in 2023 ($151,599 expenses vs. $121,619 revenue) and 2017 ($81,920 expenses vs. $63,594 revenue). However, these instances are balanced by periods of revenue surplus and are managed within its asset base, which has grown over time.
What is the trend in the organization's assets?
The organization's assets have shown a positive growth trend over the past decade, increasing from $91,092 in 2015 to $160,493 in 2023, indicating financial stability and accumulation of resources.
Filing History
IRS 990 filing history for Exeter Area Charitable Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Exeter Area Charitable Foundation's revenue has grown by 120.6%, moving from $55K to $122K. Total assets increased by 141.2% over the same period, from $67K to $160K. Total functional expenses rose by 192.3%, from $52K to $152K. In its most recent filing year (2023), Exeter Area Charitable Foundation reported a deficit of $30K, with expenses exceeding revenue. The organization holds $2K in liabilities against $160K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $158K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $152K | $160K | $2K | — | View 990 |
| 2022 | $128K | $106K | $190K | $1K | — | View 990 |
| 2021 | $151K | $107K | $170K | $3K | — | View 990 |
| 2020 | $110K | $107K | $137K | $13K | — | View 990 |
| 2019 | $133K | $109K | $123K | $1K | — | View 990 |
| 2018 | $76K | $62K | $99K | $2K | — | View 990 |
| 2017 | $64K | $82K | $83K | $0 | — | View 990 |
| 2016 | $83K | $73K | $101K | $0 | — | View 990 |
| 2015 | $71K | $93K | $91K | $0 | — | View 990 |
| 2014 | $87K | $59K | $113K | $0 | — | View 990 |
| 2013 | $68K | $55K | $85K | $0 | — | View 990 |
| 2012 | $52K | $47K | $72K | $0 | — | View 990 |
| 2011 | $55K | $52K | $67K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $152K, and assets of $160K (revenue -5.0% year-over-year).
- 2022: Revenue of $128K, expenses of $106K, and assets of $190K (revenue -15.0% year-over-year).
- 2021: Revenue of $151K, expenses of $107K, and assets of $170K (revenue +37.4% year-over-year).
- 2020: Revenue of $110K, expenses of $107K, and assets of $137K (revenue -17.6% year-over-year).
- 2019: Revenue of $133K, expenses of $109K, and assets of $123K (revenue +74.2% year-over-year).
- 2018: Revenue of $76K, expenses of $62K, and assets of $99K (revenue +19.9% year-over-year).
- 2017: Revenue of $64K, expenses of $82K, and assets of $83K (revenue -23.3% year-over-year).
- 2016: Revenue of $83K, expenses of $73K, and assets of $101K (revenue +16.3% year-over-year).
- 2015: Revenue of $71K, expenses of $93K, and assets of $91K (revenue -17.7% year-over-year).
- 2014: Revenue of $87K, expenses of $59K, and assets of $113K (revenue +28.2% year-over-year).
- 2013: Revenue of $68K, expenses of $55K, and assets of $85K (revenue +29.0% year-over-year).
- 2012: Revenue of $52K, expenses of $47K, and assets of $72K (revenue -5.0% year-over-year).
- 2011: Revenue of $55K, expenses of $52K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Exeter Area Charitable Foundation:
Data Sources and Methodology
This transparency report for Exeter Area Charitable Foundation 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.