Greater Salem Caregivers
Greater Salem Caregivers shows consistent growth and strong financial health with zero officer compensation.
EIN: 20427571 · Salem, NH · NTEE: P52Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $251K |
| Total Expenses | $166K |
| Program Spending | 85% |
| Net Assets | $428K |
| Transparency Score | 92/100 |
Is Greater Salem Caregivers Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Salem Caregivers directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Salem Caregivers
Greater Salem Caregivers (EIN: 20427571) is a nonprofit organization based in Salem, NH, classified under NTEE code P52Z. The organization reported total revenue of $251K and total assets of $517K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Salem Caregivers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Salem Caregivers is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $201K |
| Total Expenses | $166K |
| Surplus / Deficit | +$35K |
| Total Assets | $428K |
| Total Liabilities | $111 |
| Net Assets | $428K |
| Operating Margin | 17.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 31.0 months |
Financial Health Grade: A
In 2023, Greater Salem Caregivers reported a surplus of $35K with revenue exceeding expenses, holds 31.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater Salem Caregivers's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.1% | +10.5% | +8.4% |
| 2022 | -27.1% | +15.0% | -0.4% |
| 2021 | +21.4% | +30.4% | +22.5% |
| 2020 | +2.3% | -6.4% | +26.0% |
| 2019 | +59.7% | +14.1% | +29.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Greater Salem Caregivers 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Greater Salem Caregivers 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 $35K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient 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 Greater Salem Caregivers:
- Consistent revenue growth, from $65,010 in 2017 to $201,131 in 2023.
- Healthy asset growth, from $199,660 in 2017 to $427,627 in 2023.
- Extremely low liabilities, consistently under $2,500 in recent years, indicating strong financial management.
- 0% officer compensation reported across all filings, demonstrating high operational efficiency.
- Positive net income in most recent years (e.g., $35,430 surplus in 202312), contributing to asset accumulation.
Frequently Asked Questions about Greater Salem Caregivers
Is Greater Salem Caregivers a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Salem Caregivers (EIN: 20427571) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Greater Salem Caregivers spend its money?
Greater Salem Caregivers directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greater Salem Caregivers tax-deductible?
Greater Salem Caregivers is registered as a tax-exempt nonprofit (EIN: 20427571). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Greater Salem Caregivers's spending goes to programs?
Greater Salem Caregivers directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Greater Salem Caregivers compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Greater Salem Caregivers is above average for NTEE category P52Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greater Salem Caregivers located?
Greater Salem Caregivers is headquartered in Salem, New Hampshire and files with the IRS under EIN 20427571. It is classified under NTEE code P52Z.
How many years of IRS 990 filings does Greater Salem Caregivers have?
Greater Salem Caregivers 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 $251K in total revenue.
Is Greater Salem Caregivers a good charity?
Based on the provided IRS 990 data, Greater Salem Caregivers appears to be a very good charity. It demonstrates consistent financial growth, maintains low liabilities, and reports 0% officer compensation, suggesting high efficiency and a strong focus on its mission.
How has Greater Salem Caregivers' financial health changed over time?
Greater Salem Caregivers has shown significant financial growth. Revenue has increased from $65,010 in 2017 to $201,131 in 2023, and assets have grown from $199,660 in 2017 to $427,627 in 2023, indicating a strong upward trend in financial stability and capacity.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation across all available filings, suggesting a highly efficient model where executive leadership is likely volunteer-based or compensated through non-officer roles, minimizing administrative overhead.
Filing History
IRS 990 filing history for Greater Salem Caregivers showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Salem Caregivers's revenue has grown by 80.3%, moving from $112K to $201K. Total assets increased by 149.7% over the same period, from $171K to $428K. Total functional expenses rose by 107%, from $80K to $166K. In its most recent filing year (2023), Greater Salem Caregivers reported a surplus of $35K, with revenue exceeding expenses. The organization holds $111 in liabilities against $428K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $428K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $201K | $166K | $428K | $111 | — | — |
| 2022 | $148K | $150K | $394K | $2K | — | View 990 |
| 2021 | $203K | $130K | $396K | $2K | — | View 990 |
| 2020 | $167K | $100K | $323K | $2K | — | View 990 |
| 2019 | $163K | $107K | $256K | $2K | — | View 990 |
| 2018 | $102K | $94K | $198K | $632 | — | View 990 |
| 2017 | $65K | $93K | $200K | $980 | — | View 990 |
| 2016 | $72K | $96K | $224K | $1K | — | View 990 |
| 2015 | $119K | $105K | $248K | $2K | — | View 990 |
| 2014 | $103K | $96K | $238K | $1K | — | View 990 |
| 2013 | $117K | $97K | $231K | $1K | — | View 990 |
| 2012 | $116K | $80K | $207K | $723 | — | View 990 |
| 2011 | $112K | $80K | $171K | $710 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $201K, expenses of $166K, and assets of $428K (revenue +36.1% year-over-year).
- 2022: Revenue of $148K, expenses of $150K, and assets of $394K (revenue -27.1% year-over-year).
- 2021: Revenue of $203K, expenses of $130K, and assets of $396K (revenue +21.4% year-over-year).
- 2020: Revenue of $167K, expenses of $100K, and assets of $323K (revenue +2.3% year-over-year).
- 2019: Revenue of $163K, expenses of $107K, and assets of $256K (revenue +59.7% year-over-year).
- 2018: Revenue of $102K, expenses of $94K, and assets of $198K (revenue +57.4% year-over-year).
- 2017: Revenue of $65K, expenses of $93K, and assets of $200K (revenue -10.3% year-over-year).
- 2016: Revenue of $72K, expenses of $96K, and assets of $224K (revenue -39.2% year-over-year).
- 2015: Revenue of $119K, expenses of $105K, and assets of $248K (revenue +15.7% year-over-year).
- 2014: Revenue of $103K, expenses of $96K, and assets of $238K (revenue -12.2% year-over-year).
- 2013: Revenue of $117K, expenses of $97K, and assets of $231K (revenue +1.3% year-over-year).
- 2012: Revenue of $116K, expenses of $80K, and assets of $207K (revenue +3.8% year-over-year).
- 2011: Revenue of $112K, expenses of $80K, and assets of $171K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Salem Caregivers:
Data Sources and Methodology
This transparency report for Greater Salem Caregivers 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.