Little Rivers Health Care Inc
Little Rivers Health Care Inc. shows consistent growth and no reported officer compensation, despite recent operating deficits.
EIN: 161678092 · Newbury, VT · NTEE: E32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.2M |
| Total Expenses | $11.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $2.5M |
| Transparency Score | 95/100 |
Is Little Rivers Health Care Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Little Rivers Health Care Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Little Rivers Health Care Inc
Little Rivers Health Care Inc (EIN: 161678092) is a nonprofit organization based in Newbury, VT, classified under NTEE code E32. The organization reported total revenue of $12.2M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Rivers Health Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Little Rivers Health Care Inc is a large nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.0M |
| Total Expenses | $11.2M |
| Surplus / Deficit | $-200,109 |
| Total Assets | $5.6M |
| Total Liabilities | $3.1M |
| Net Assets | $2.5M |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 56.1% |
| Months of Reserves | 6.0 months |
Financial Health Grade: C
In 2023, Little Rivers Health Care Inc reported a deficit of $200K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position), has a debt-to-asset ratio of 56.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Little Rivers Health Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.9% | +2.2% | -0.8% |
| 2022 | +1.2% | +5.8% | +13.1% |
| 2021 | +9.4% | +21.6% | +3.9% |
| 2020 | +33.0% | +20.6% | +28.7% |
| 2019 | +8.9% | +13.5% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Little Rivers Health Care Inc with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Little Rivers Health Care Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $200K, with expenses exceeding revenue.
- Debt-to-asset ratio: 56.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with over $10 million in annual revenue and suggests a strong dedication to mission-focused spending.
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 Rivers Health Care Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., $200,109 in 2023, $676,213 in 2022) could indicate a need for revenue diversification or cost control.
- Significant increase in liabilities over the past decade, from $1,039,645 in 2014 to $3,137,637 in 2023, warrants attention.
Strengths
The following positive indicators were identified for Little Rivers Health Care Inc:
- No reported officer compensation across all filings, indicating a strong commitment to mission-focused spending.
- Consistent revenue growth, from $4,174,744 in 2014 to $10,967,755 in 2023, demonstrating organizational expansion and stability.
- Growing asset base, from $2,316,628 in 2014 to $5,597,769 in 2023, providing financial resilience.
- Strong program focus implied by the absence of officer compensation and the nature of a health care provider.
Frequently Asked Questions about Little Rivers Health Care Inc
Is Little Rivers Health Care Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Little Rivers Health Care Inc (EIN: 161678092) some concerns. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
How does Little Rivers Health Care Inc spend its money?
Little Rivers Health Care Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Little Rivers Health Care Inc tax-deductible?
Little Rivers Health Care Inc is registered as a tax-exempt nonprofit (EIN: 161678092). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Little Rivers Health Care Inc CEO make?
Little Rivers Health Care Inc's highest-compensated officer earns $10 annually. The organization reported $12.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Little Rivers Health Care Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Little Rivers Health Care Inc is above average for NTEE category E32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Little Rivers Health Care Inc located?
Little Rivers Health Care Inc is headquartered in Newbury, Vermont and files with the IRS under EIN 161678092. It is classified under NTEE code E32.
How many years of IRS 990 filings does Little Rivers Health Care Inc have?
Little Rivers Health Care Inc 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 $12.2M in total revenue.
How does Little Rivers Health Care Inc. manage to operate without officer compensation?
The filings consistently show 0% officer compensation, which is highly unusual for an organization of this size. This could indicate that executive leadership is compensated through other means not reported on the 990 (e.g., through a related entity), or that leadership roles are filled by volunteers or individuals compensated through other mechanisms not classified as 'officer compensation' on the 990.
Are the recent operating deficits a concern for the organization's long-term sustainability?
While Little Rivers Health Care Inc. has reported expenses exceeding revenue in 2021, 2022, and 2023, these deficits are relatively small compared to its total revenue and asset base. For example, the 2023 deficit of $200,109 is less than 2% of its $10.9 million revenue. The organization's growing asset base ($5.59 million in 2023) suggests it has reserves to cover these shortfalls, indicating that they are likely manageable in the short term, but continued deficits would warrant closer monitoring.
What is the trend in the organization's liabilities?
Liabilities have shown a significant increase over the past decade, rising from $1,039,645 in 2014 to $3,137,637 in 2023. While assets have also grown, this increase in liabilities should be monitored to ensure it remains sustainable and does not pose a risk to the organization's financial stability.
Filing History
IRS 990 filing history for Little Rivers Health Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Little Rivers Health Care Inc's revenue has grown by 116%, moving from $5.1M to $11.0M. Total assets increased by 165.4% over the same period, from $2.1M to $5.6M. Total functional expenses rose by 157.4%, from $4.3M to $11.2M. In its most recent filing year (2023), Little Rivers Health Care Inc reported a deficit of $200K, with expenses exceeding revenue. The organization holds $3.1M in liabilities against $5.6M in assets (debt-to-asset ratio: 56.1%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.0M | $11.2M | $5.6M | $3.1M | — | — |
| 2022 | $10.3M | $10.9M | $5.6M | $3.0M | — | — |
| 2021 | $10.1M | $10.3M | $5.0M | $1.7M | — | View 990 |
| 2020 | $9.3M | $8.5M | $4.8M | $1.3M | — | View 990 |
| 2019 | $7.0M | $7.0M | $3.7M | $967K | — | View 990 |
| 2018 | $6.4M | $6.2M | $3.8M | $1.0M | — | View 990 |
| 2017 | $6.1M | $5.6M | $4.5M | $1.9M | — | View 990 |
| 2016 | $5.5M | $5.2M | $4.2M | $2.1M | — | View 990 |
| 2015 | $5.0M | $4.4M | $3.1M | $1.2M | — | View 990 |
| 2014 | $4.2M | $4.3M | $2.3M | $1.0M | — | View 990 |
| 2013 | $4.3M | $4.3M | $2.6M | $1.1M | — | View 990 |
| 2012 | $4.5M | $4.4M | $2.3M | $860K | — | View 990 |
| 2011 | $5.1M | $4.3M | $2.1M | $677K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.0M, expenses of $11.2M, and assets of $5.6M (revenue +6.9% year-over-year).
- 2022: Revenue of $10.3M, expenses of $10.9M, and assets of $5.6M (revenue +1.2% year-over-year).
- 2021: Revenue of $10.1M, expenses of $10.3M, and assets of $5.0M (revenue +9.4% year-over-year).
- 2020: Revenue of $9.3M, expenses of $8.5M, and assets of $4.8M (revenue +33.0% year-over-year).
- 2019: Revenue of $7.0M, expenses of $7.0M, and assets of $3.7M (revenue +8.9% year-over-year).
- 2018: Revenue of $6.4M, expenses of $6.2M, and assets of $3.8M (revenue +4.2% year-over-year).
- 2017: Revenue of $6.1M, expenses of $5.6M, and assets of $4.5M (revenue +12.6% year-over-year).
- 2016: Revenue of $5.5M, expenses of $5.2M, and assets of $4.2M (revenue +8.6% year-over-year).
- 2015: Revenue of $5.0M, expenses of $4.4M, and assets of $3.1M (revenue +20.3% year-over-year).
- 2014: Revenue of $4.2M, expenses of $4.3M, and assets of $2.3M (revenue -2.6% year-over-year).
- 2013: Revenue of $4.3M, expenses of $4.3M, and assets of $2.6M (revenue -3.8% year-over-year).
- 2012: Revenue of $4.5M, expenses of $4.4M, and assets of $2.3M (revenue -12.2% year-over-year).
- 2011: Revenue of $5.1M, expenses of $4.3M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Little Rivers Health Care Inc:
Data Sources and Methodology
This transparency report for Little Rivers Health Care Inc 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.