Hitchcock Foundation
Hitchcock Foundation maintains strong asset growth and no reported officer compensation over a decade.
EIN: 20222139 · Lebanon, NH · NTEE: H120 · Updated: 2026-03-28
Is Hitchcock Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hitchcock Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hitchcock Foundation
Hitchcock Foundation (EIN: 20222139) is a nonprofit organization based in Lebanon, NH, classified under NTEE code H120. The organization reported total revenue of $4.5M and total assets of $40.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hitchcock Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hitchcock Foundation with a Mission Score of 90 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, Hitchcock Foundation 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.
Executive Compensation Analysis
The Hitchcock Foundation consistently reports 0% officer compensation across all provided filings, indicating that executive leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is highly favorable 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.
Strengths
The following positive indicators were identified for Hitchcock Foundation:
- Consistent and significant asset growth, from $24.4M in 2014 to $40.8M currently.
- No reported officer compensation across all 10 years of filings, indicating highly efficient executive leadership.
- Expenses consistently below revenue in most years, contributing to financial stability.
- Strong financial reserves with current assets of over $40 million.
- Excellent transparency with 13 consistent IRS 990 filings.
Frequently Asked Questions about Hitchcock Foundation
Is Hitchcock Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hitchcock Foundation (EIN: 20222139) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Hitchcock Foundation spend its money?
Hitchcock Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hitchcock Foundation tax-deductible?
Hitchcock Foundation is registered as a tax-exempt nonprofit (EIN: 20222139). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Hitchcock Foundation a good charity?
Based on the provided financial data, Hitchcock Foundation appears to be a very good charity. It demonstrates strong financial health with consistent asset growth, efficient spending (no reported officer compensation), and a clear focus on its mission as indicated by its financial stability.
How has Hitchcock Foundation's financial health changed over time?
The foundation's financial health has significantly improved over time, with assets growing from $24.4 million in 2014 to over $40.8 million currently. Revenue has generally remained strong, and expenses have consistently been managed below revenue, contributing to this asset growth.
What is the trend in the foundation's revenue and expenses?
Revenue has fluctuated, ranging from a low of $2,329,287 in 2022 to a high of $5,105,157 in 2020. Expenses have generally remained stable and below revenue, with the exception of 2016 where expenses slightly exceeded revenue ($4,011,436 vs $3,999,677).
Filing History
IRS 990 filing history for Hitchcock Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hitchcock Foundation's revenue has declined by 44.8%, moving from $7.1M to $3.9M. Total assets increased by 53.7% over the same period, from $23.0M to $35.3M. Total functional expenses fell by 68%, from $7.7M to $2.5M. In its most recent filing year (2023), Hitchcock Foundation reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $416K in liabilities against $35.3M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $34.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $2.5M | $35.3M | $416K | — | — |
| 2022 | $2.3M | $2.1M | $33.7M | $233K | — | View 990 |
| 2021 | $2.5M | $2.2M | $36.1M | $198K | — | View 990 |
| 2020 | $5.1M | $2.6M | $28.2M | $153K | — | View 990 |
| 2019 | $4.5M | $3.5M | $27.4M | $244K | — | View 990 |
| 2018 | $4.4M | $2.9M | $26.9M | $221K | — | View 990 |
| 2017 | $3.9M | $3.0M | $24.9M | $186K | — | View 990 |
| 2016 | $4.0M | $4.0M | $23.5M | $1.2M | — | View 990 |
| 2015 | $4.4M | $3.8M | $24.5M | $1.5M | — | View 990 |
| 2014 | $4.9M | $3.9M | $24.4M | $1.3M | — | View 990 |
| 2013 | $5.6M | $4.8M | $22.8M | $1.3M | — | View 990 |
| 2012 | $6.1M | $5.4M | $21.6M | $1.2M | — | View 990 |
| 2011 | $7.1M | $7.7M | $23.0M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $2.5M, and assets of $35.3M (revenue +69.3% year-over-year).
- 2022: Revenue of $2.3M, expenses of $2.1M, and assets of $33.7M (revenue -7.9% year-over-year).
- 2021: Revenue of $2.5M, expenses of $2.2M, and assets of $36.1M (revenue -50.5% year-over-year).
- 2020: Revenue of $5.1M, expenses of $2.6M, and assets of $28.2M (revenue +14.7% year-over-year).
- 2019: Revenue of $4.5M, expenses of $3.5M, and assets of $27.4M (revenue +0.4% year-over-year).
- 2018: Revenue of $4.4M, expenses of $2.9M, and assets of $26.9M (revenue +14.7% year-over-year).
- 2017: Revenue of $3.9M, expenses of $3.0M, and assets of $24.9M (revenue -3.4% year-over-year).
- 2016: Revenue of $4.0M, expenses of $4.0M, and assets of $23.5M (revenue -8.5% year-over-year).
- 2015: Revenue of $4.4M, expenses of $3.8M, and assets of $24.5M (revenue -10.1% year-over-year).
- 2014: Revenue of $4.9M, expenses of $3.9M, and assets of $24.4M (revenue -13.3% year-over-year).
- 2013: Revenue of $5.6M, expenses of $4.8M, and assets of $22.8M (revenue -8.4% year-over-year).
- 2012: Revenue of $6.1M, expenses of $5.4M, and assets of $21.6M (revenue -14.4% year-over-year).
- 2011: Revenue of $7.1M, expenses of $7.7M, and assets of $23.0M.
Data Sources and Methodology
This transparency report for Hitchcock 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.