Hampton Beach Area Chamber Of Commerce
Hampton Beach Area Chamber Of Commerce shows consistent revenue growth and stable finances with no reported officer compensation.
EIN: 20144343 · Hampton, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Program Spending | 75% |
| Net Assets | $252K |
| Transparency Score | 85/100 |
Is Hampton Beach Area Chamber Of Commerce Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hampton Beach Area Chamber Of Commerce directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hampton Beach Area Chamber Of Commerce
Hampton Beach Area Chamber Of Commerce (EIN: 20144343) is a nonprofit organization based in Hampton, NH. The organization reported total revenue of $1.3M and total assets of $642K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hampton Beach Area Chamber Of Commerce's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hampton Beach Area Chamber Of Commerce is a mid-size nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$11K |
| Total Assets | $638K |
| Total Liabilities | $387K |
| Net Assets | $252K |
| Operating Margin | 1.0% |
| Debt-to-Asset Ratio | 60.6% |
| Months of Reserves | 6.5 months |
Financial Health Grade: A
In 2023, Hampton Beach Area Chamber Of Commerce reported a surplus of $11K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 60.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hampton Beach Area Chamber Of Commerce's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.1% | +4.1% | -0.4% |
| 2022 | +6.7% | +25.6% | -6.6% |
| 2021 | +161.3% | +142.1% | +23.3% |
| 2020 | -61.8% | -65.9% | +0.5% |
| 2019 | +6.2% | +9.5% | +74.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1944 |
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 Hampton Beach Area Chamber Of Commerce 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Hampton Beach Area Chamber Of Commerce allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 60.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer or compensated through non-officer channels, which is a positive for resource allocation.
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 Hampton Beach Area Chamber Of Commerce's IRS 990 filings:
- Liabilities are a significant portion of assets (e.g., $386,691 liabilities vs. $638,240 assets in 2023), which warrants further investigation into their nature.
Strengths
The following positive indicators were identified for Hampton Beach Area Chamber Of Commerce:
- Consistent revenue growth, especially post-2020, reaching $1,182,104 in 2023.
- Strong asset growth over the past decade, from $308,357 in 2014 to $638,240 in 2023.
- Zero reported officer compensation across all filings, indicating efficient use of funds or volunteer leadership.
- Consistent positive net income in most recent years (e.g., $11,344 in 2023 and $111,179 in 2021).
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
Frequently Asked Questions about Hampton Beach Area Chamber Of Commerce
Is Hampton Beach Area Chamber Of Commerce a legitimate charity?
Hampton Beach Area Chamber Of Commerce (EIN: 20144343) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Hampton Beach Area Chamber Of Commerce spend its money?
Hampton Beach Area Chamber Of Commerce directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Hampton Beach Area Chamber Of Commerce tax-deductible?
Hampton Beach Area Chamber Of Commerce is registered as a tax-exempt nonprofit (EIN: 20144343). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hampton Beach Area Chamber Of Commerce's spending goes to programs?
Hampton Beach Area Chamber Of Commerce directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Hampton Beach Area Chamber Of Commerce located?
Hampton Beach Area Chamber Of Commerce is headquartered in Hampton, New Hampshire and files with the IRS under EIN 20144343.
How many years of IRS 990 filings does Hampton Beach Area Chamber Of Commerce have?
Hampton Beach Area Chamber Of Commerce 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 $1.3M in total revenue.
Is Hampton Beach Area Chamber Of Commerce financially stable?
Yes, the organization appears financially stable, with revenues generally exceeding expenses in recent years (e.g., $1,182,104 revenue vs. $1,170,760 expenses in 2023) and growing assets from $308,357 in 2014 to $638,240 in 2023.
How has the organization's revenue changed over time?
The organization has shown significant revenue growth, particularly rebounding from $385,271 in 2020 to over $1 million in 2021, and reaching $1,182,104 in 2023, indicating strong recovery and expansion.
What is the trend in the organization's assets?
Assets have shown a consistent upward trend, increasing from $308,357 in 2014 to $638,240 in 2023, suggesting healthy financial growth and accumulation of resources.
Does the organization pay its officers?
Based on the provided IRS 990 data, the organization consistently reports 0% officer compensation across all 13 filings, indicating no direct compensation to officers through this category.
Filing History
IRS 990 filing history for Hampton Beach Area Chamber Of Commerce showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hampton Beach Area Chamber Of Commerce's revenue has grown by 344.8%, moving from $266K to $1.2M. Total assets increased by 148.3% over the same period, from $257K to $638K. Total functional expenses rose by 339.1%, from $267K to $1.2M. In its most recent filing year (2023), Hampton Beach Area Chamber Of Commerce reported a surplus of $11K, with revenue exceeding expenses. The organization holds $387K in liabilities against $638K in assets (debt-to-asset ratio: 60.6%), resulting in net assets of $252K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.2M | $638K | $387K | — | — |
| 2022 | $1.1M | $1.1M | $641K | $401K | — | — |
| 2021 | $1.0M | $896K | $686K | $396K | — | View 990 |
| 2020 | $385K | $370K | $557K | $377K | — | View 990 |
| 2019 | $1.0M | $1.1M | $554K | $390K | — | View 990 |
| 2018 | $950K | $990K | $318K | $79K | — | View 990 |
| 2017 | $425K | $384K | $367K | $87K | — | View 990 |
| 2016 | $281K | $292K | $315K | $77K | — | View 990 |
| 2015 | $330K | $299K | $330K | $82K | — | View 990 |
| 2014 | $299K | $286K | $308K | $90K | — | View 990 |
| 2013 | $369K | $285K | $302K | $97K | — | View 990 |
| 2012 | $236K | $284K | $226K | $105K | — | View 990 |
| 2011 | $266K | $267K | $257K | $89K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.2M, and assets of $638K (revenue +10.1% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $641K (revenue +6.7% year-over-year).
- 2021: Revenue of $1.0M, expenses of $896K, and assets of $686K (revenue +161.3% year-over-year).
- 2020: Revenue of $385K, expenses of $370K, and assets of $557K (revenue -61.8% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.1M, and assets of $554K (revenue +6.2% year-over-year).
- 2018: Revenue of $950K, expenses of $990K, and assets of $318K (revenue +123.4% year-over-year).
- 2017: Revenue of $425K, expenses of $384K, and assets of $367K (revenue +51.1% year-over-year).
- 2016: Revenue of $281K, expenses of $292K, and assets of $315K (revenue -14.6% year-over-year).
- 2015: Revenue of $330K, expenses of $299K, and assets of $330K (revenue +10.3% year-over-year).
- 2014: Revenue of $299K, expenses of $286K, and assets of $308K (revenue -19.1% year-over-year).
- 2013: Revenue of $369K, expenses of $285K, and assets of $302K (revenue +56.5% year-over-year).
- 2012: Revenue of $236K, expenses of $284K, and assets of $226K (revenue -11.2% year-over-year).
- 2011: Revenue of $266K, expenses of $267K, and assets of $257K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hampton Beach Area Chamber Of Commerce:
Data Sources and Methodology
This transparency report for Hampton Beach Area Chamber Of Commerce 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.