Little Harbour Charitable Foundation

Little Harbour Charitable Foundation maintains strong asset growth with minimal recent expenses and no reported officer compensation.

EIN: 20509031 · Rye, NH · NTEE: T30 · Updated: 2026-03-28

$99KRevenue

$411KAssets

85/100Mission Score (Excellent)

T30

About Little Harbour Charitable Foundation

Little Harbour Charitable Foundation (EIN: 20509031) is a nonprofit organization based in Rye, NH, classified under NTEE code T30. The organization reported total revenue of $99K and total assets of $411K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Harbour Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Little Harbour Charitable Foundation demonstrates strong financial health with consistently positive net assets, growing from $188,006 in 2014 to $410,522 in 2023. The organization's spending efficiency appears excellent, particularly in the most recent fiscal year (2023) where expenses were only $1,845 against $98,522 in revenue, indicating a very lean operational model. While some prior years showed expenses exceeding revenue (e.g., 2019 and 2020), the overall trend points to careful management and accumulation of assets.

The foundation's transparency is bolstered by its consistent filing of IRS Form 990s over 13 periods, providing a clear historical financial record. The absence of officer compensation reported across all filings further enhances its transparency and suggests a volunteer-driven or very low-cost leadership structure. This commitment to minimal overhead and clear financial reporting contributes positively to its overall financial assessment.

However, the extremely low expenses in 2023 ($1,845) compared to revenue ($98,522) raise questions about the extent of its program activities or if significant program spending is deferred or handled through other means not immediately apparent in the expense line. While financially sound, understanding the direct impact of its charitable activities would require further detail beyond the summary 990 data.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Little Harbour Charitable Foundation 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: 5%
programs: 95%
fundraising: 0%

According to IRS 990 filings, Little Harbour Charitable Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's officers and key employees receive no salary or other compensation, which is highly unusual for an organization of its size and suggests a volunteer-led structure.

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 Little Harbour Charitable Foundation's IRS 990 filings:

Extremely low reported expenses in 2023 ($1,845) relative to revenue ($98,522) could indicate minimal direct program activity or a significant shift in operational model.
Lack of detailed program spending breakdown in summary data makes it difficult to assess direct charitable impact.

Strengths

The following positive indicators were identified for Little Harbour Charitable Foundation:

Consistent asset growth, from $188,006 in 2014 to $410,522 in 2023, demonstrating strong financial health.
Zero reported officer compensation across all filings, indicating a highly efficient and potentially volunteer-driven leadership.
Low overall expenses, particularly in recent years, suggesting a lean operational structure.
Consistent IRS 990 filing history, indicating good transparency and compliance.

Frequently Asked Questions about Little Harbour Charitable Foundation

Is Little Harbour Charitable Foundation a good charity?

Based on its financial health, asset growth, and extremely low administrative costs (0% officer compensation), it appears to be a financially sound and efficiently managed organization. However, the very low reported expenses in 2023 ($1,845) compared to revenue ($98,522) raise questions about the direct impact of its charitable activities in that year.

What are the primary activities of Little Harbour Charitable Foundation given its low expenses?

The provided 990 data indicates very low expenses, particularly in 2023 ($1,845). This suggests that the foundation might primarily operate as a grant-making entity with minimal operational overhead, or its program activities are conducted with extremely low direct costs, or significant program spending is not captured in the 'expenses' line in a typical operational sense.

How does Little Harbour Charitable Foundation sustain its operations without officer compensation?

The consistent reporting of 0% officer compensation across all filings strongly suggests that the organization is run by volunteers or that its leadership is compensated through other means not reported as officer compensation on the 990, or that it has very minimal operational needs that do not require paid leadership.

Filing History

IRS 990 filing history for Little Harbour Charitable Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Little Harbour Charitable Foundation's revenue has grown by 82.7%, moving from $54K to $99K. Total assets increased by 176.4% over the same period, from $149K to $411K. Total functional expenses fell by 95.8%, from $44K to $2K. In its most recent filing year (2023), Little Harbour Charitable Foundation reported a surplus of $97K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$99K	$2K	$411K	$0	—	View 990
2022	$99K	$19K	$314K	$0	—	View 990
2021	$12K	$28K	$234K	$0	—	—
2020	$100K	$114K	$250K	$0	—	View 990
2019	$92K	$116K	$264K	$0	—	View 990
2018	$128K	$181K	$288K	$0	—	View 990
2017	$168K	$63K	$341K	$0	—	View 990
2016	$98K	$72K	$236K	$0	—	View 990
2015	$116K	$93K	$211K	$0	—	View 990
2014	$92K	$74K	$188K	$0	—	View 990
2013	$69K	$49K	$170K	$0	—	View 990
2012	$55K	$54K	$150K	$0	—	View 990
2011	$54K	$44K	$149K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $99K, expenses of $2K, and assets of $411K (revenue -0.6% year-over-year).
2022: Revenue of $99K, expenses of $19K, and assets of $314K (revenue +722.0% year-over-year).
2021: Revenue of $12K, expenses of $28K, and assets of $234K (revenue -87.9% year-over-year).
2020: Revenue of $100K, expenses of $114K, and assets of $250K (revenue +8.4% year-over-year).
2019: Revenue of $92K, expenses of $116K, and assets of $264K (revenue -28.1% year-over-year).
2018: Revenue of $128K, expenses of $181K, and assets of $288K (revenue -23.6% year-over-year).
2017: Revenue of $168K, expenses of $63K, and assets of $341K (revenue +71.1% year-over-year).
2016: Revenue of $98K, expenses of $72K, and assets of $236K (revenue -15.4% year-over-year).
2015: Revenue of $116K, expenses of $93K, and assets of $211K (revenue +25.9% year-over-year).
2014: Revenue of $92K, expenses of $74K, and assets of $188K (revenue +32.8% year-over-year).
2013: Revenue of $69K, expenses of $49K, and assets of $170K (revenue +25.9% year-over-year).
2012: Revenue of $55K, expenses of $54K, and assets of $150K (revenue +1.9% year-over-year).
2011: Revenue of $54K, expenses of $44K, and assets of $149K.

Data Sources and Methodology

This transparency report for Little Harbour 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.