Exeter Health Resources
Exeter Health Resources consistently operates with a surplus and reports 0% officer compensation on its 990 filings.
EIN: 20222126 · Exeter, NH · NTEE: E210 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.8M |
| Total Expenses | $16.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $280M |
| Net Assets | $273.8M |
| Transparency Score | 85/100 |
Is Exeter Health Resources Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Exeter Health Resources directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Exeter Health Resources
Exeter Health Resources (EIN: 20222126) is a nonprofit organization based in Exeter, NH, classified under NTEE code E210. The organization reported total revenue of $14.8M and total assets of $297.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Exeter Health Resources's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Exeter Health Resources is a large nonprofit that has been operating for 89 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 | $17.6M |
| Total Expenses | $16.3M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $280.8M |
| Total Liabilities | $7.0M |
| Net Assets | $273.8M |
| Operating Margin | 7.5% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 207.0 months |
Financial Health Grade: A
In 2023, Exeter Health Resources reported a surplus of $1.3M with revenue exceeding expenses, holds 207.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Exeter Health Resources's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.6% | -12.7% | -8.3% |
| 2022 | +46.1% | +37.4% | -16.5% |
| 2021 | +1.4% | -12.0% | +36.9% |
| 2020 | -16.8% | +0.4% | -4.2% |
| 2019 | +24.9% | +26.9% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1937 |
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 Health Resources 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, Exeter Health Resources 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 $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available IRS 990 filings, which is highly unusual for an organization of its size and asset base ($280M+). This suggests either a volunteer executive leadership, or that executive compensation is reported by a related entity within a larger health system, requiring further investigation for full 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 Exeter Health Resources's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s for an organization of this size, which may obscure the full picture of executive remuneration if it's handled by a related entity.
Strengths
The following positive indicators were identified for Exeter Health Resources:
- Consistent operating surpluses, with revenues generally exceeding expenses across multiple years.
- Strong asset base ($280,776,135 in 2023) significantly exceeding liabilities, indicating robust financial health.
- History of managing expenses effectively relative to income.
- Implied high program focus given the NTEE code E210 (General Hospitals) and consistent surpluses.
Frequently Asked Questions about Exeter Health Resources
Is Exeter Health Resources a legitimate charity?
Based on AI analysis of IRS 990 filings, Exeter Health Resources (EIN: 20222126) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Exeter Health Resources spend its money?
Exeter Health Resources directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Exeter Health Resources tax-deductible?
Exeter Health Resources is registered as a tax-exempt nonprofit (EIN: 20222126). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Exeter Health Resources CEO make?
Exeter Health Resources's highest-compensated officer earns $280M annually. The organization reported $14.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Exeter Health Resources's spending goes to programs?
Exeter Health Resources directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Exeter Health Resources compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Exeter Health Resources is above average for NTEE category E210 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Exeter Health Resources located?
Exeter Health Resources is headquartered in Exeter, New Hampshire and files with the IRS under EIN 20222126. It is classified under NTEE code E210.
How many years of IRS 990 filings does Exeter Health Resources have?
Exeter Health Resources 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 $14.8M in total revenue.
Is Exeter Health Resources financially stable?
Yes, Exeter Health Resources appears financially stable. It consistently reports revenues exceeding expenses, such as $17,593,415 in revenue against $16,276,325 in expenses in 2023, and maintains a substantial asset base ($280,776,135 in 2023) significantly higher than its liabilities ($6,951,886).
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation on its IRS 990 filings. This is a significant data point, suggesting either a volunteer executive structure or that compensation is handled and reported by a related entity not covered by these specific 990 filings.
How has Exeter Health Resources' revenue trended over time?
Revenue has fluctuated but generally remained strong, ranging from $8,909,781 in 2014 to a high of $23,019,783 in 2022, and $17,593,415 in 2023, indicating a robust and adaptable financial model.
Does the organization have significant assets?
Yes, Exeter Health Resources holds substantial assets, reported at $280,776,135 in 2023, which provides a strong financial foundation and capacity for its operations.
Filing History
IRS 990 filing history for Exeter Health Resources showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Exeter Health Resources's revenue has grown by 120.8%, moving from $8.0M to $17.6M. Total assets increased by 12% over the same period, from $250.7M to $280.8M. Total functional expenses rose by 140.1%, from $6.8M to $16.3M. In its most recent filing year (2023), Exeter Health Resources reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $7.0M in liabilities against $280.8M in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $273.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.6M | $16.3M | $280.8M | $7.0M | — | — |
| 2022 | $23.0M | $18.7M | $306.3M | $7.1M | — | View 990 |
| 2021 | $15.8M | $13.6M | $367.1M | $7.6M | — | View 990 |
| 2020 | $15.5M | $15.4M | $268.1M | $8.3M | — | — |
| 2019 | $18.7M | $15.4M | $279.9M | $7.4M | — | View 990 |
| 2018 | $15.0M | $12.1M | $284.5M | $5.0M | — | View 990 |
| 2017 | $13.6M | $10.3M | $275.5M | $3.9M | — | View 990 |
| 2016 | $10.9M | $9.8M | $250.1M | $4.0M | — | View 990 |
| 2015 | $8.9M | $8.1M | $239.0M | $5.0M | — | View 990 |
| 2014 | $8.9M | $7.1M | $262.1M | $7.7M | — | View 990 |
| 2013 | $9.3M | $8.2M | $255.6M | $6.9M | — | View 990 |
| 2012 | $7.0M | $6.2M | $255.6M | $9.6M | — | View 990 |
| 2011 | $8.0M | $6.8M | $250.7M | $8.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.6M, expenses of $16.3M, and assets of $280.8M (revenue -23.6% year-over-year).
- 2022: Revenue of $23.0M, expenses of $18.7M, and assets of $306.3M (revenue +46.1% year-over-year).
- 2021: Revenue of $15.8M, expenses of $13.6M, and assets of $367.1M (revenue +1.4% year-over-year).
- 2020: Revenue of $15.5M, expenses of $15.4M, and assets of $268.1M (revenue -16.8% year-over-year).
- 2019: Revenue of $18.7M, expenses of $15.4M, and assets of $279.9M (revenue +24.9% year-over-year).
- 2018: Revenue of $15.0M, expenses of $12.1M, and assets of $284.5M (revenue +9.9% year-over-year).
- 2017: Revenue of $13.6M, expenses of $10.3M, and assets of $275.5M (revenue +25.1% year-over-year).
- 2016: Revenue of $10.9M, expenses of $9.8M, and assets of $250.1M (revenue +21.9% year-over-year).
- 2015: Revenue of $8.9M, expenses of $8.1M, and assets of $239.0M (revenue +0.2% year-over-year).
- 2014: Revenue of $8.9M, expenses of $7.1M, and assets of $262.1M (revenue -4.1% year-over-year).
- 2013: Revenue of $9.3M, expenses of $8.2M, and assets of $255.6M (revenue +31.9% year-over-year).
- 2012: Revenue of $7.0M, expenses of $6.2M, and assets of $255.6M (revenue -11.5% year-over-year).
- 2011: Revenue of $8.0M, expenses of $6.8M, and assets of $250.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Exeter Health Resources:
Data Sources and Methodology
This transparency report for Exeter Health Resources 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.