National Rural Letter Carriers N H State

National Rural Letter Carriers N H State maintains stable finances with growing assets and no reported officer compensation.

EIN: 20500689 · Newmarket, NH · Updated: 2026-03-28

$93KRevenue

$254KAssets

85/100Mission Score (Excellent)

About National Rural Letter Carriers N H State

National Rural Letter Carriers N H State (EIN: 20500689) is a nonprofit organization based in Newmarket, NH. The organization reported total revenue of $93K and total assets of $254K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Rural Letter Carriers N H State's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The National Rural Letter Carriers N H State demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past five years, the organization has maintained revenues generally above $90,000, with assets steadily growing from $153,090 in 2020 to $259,541 in 2024. This indicates sound financial management and an ability to build reserves. The organization's expenses have fluctuated, with a notable increase in 2024 to $89,424, nearly matching its revenue of $92,660, suggesting a year of higher operational activity or program delivery. 

Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation, which suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation on the 990, contributing to lower overhead. The organization's liabilities have remained very low across all reported periods, often under $2,000, which is a positive indicator of fiscal prudence and minimal debt burden. 

Transparency is generally good through its consistent 990 filings. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories within the provided data, a precise assessment of spending efficiency across these areas is challenging. The absence of officer compensation is a significant positive for transparency and efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates National Rural Letter Carriers N H State 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, National Rural Letter Carriers N H State 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 organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is likely volunteer-based or compensated through non-officer channels, which is highly efficient for an organization of its size with revenues around $90,000-$100,000.

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 National Rural Letter Carriers N H State's IRS 990 filings:

NTEE Code is unknown, which can make it harder to benchmark against similar organizations.

Strengths

The following positive indicators were identified for National Rural Letter Carriers N H State:

Consistent asset growth, increasing from $99,537 in 2015 to $259,541 in 2024.
Zero reported officer compensation across all filings, indicating high efficiency.
Very low liabilities consistently reported, often under $2,000, demonstrating fiscal prudence.
Stable revenue generation, consistently around $90,000 - $100,000 annually.
Positive net assets, indicating financial stability and reserves.

Frequently Asked Questions about National Rural Letter Carriers N H State

Is National Rural Letter Carriers N H State a good charity?

Based on the available financial data, the organization appears to be well-managed, fiscally responsible, and efficient, particularly given its consistent asset growth and 0% reported officer compensation. Its low liabilities also suggest good financial health.

How has the organization's financial health changed over time?

The organization has shown consistent financial growth, with assets increasing from $99,537 in 2015 to $259,541 in 2024, while maintaining stable revenue streams and very low liabilities. This indicates a strong and improving financial position.

What is the organization's approach to executive compensation?

The organization reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership model or compensation structured in a way that is not categorized as officer compensation on the 990, which is highly efficient.

Filing History

IRS 990 filing history for National Rural Letter Carriers N H State showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), National Rural Letter Carriers N H State's revenue has declined by 32.5%, moving from $137K to $93K. Total assets increased by 462.3% over the same period, from $46K to $260K. Total functional expenses fell by 44.4%, from $161K to $89K. In its most recent filing year (2024), National Rural Letter Carriers N H State reported a surplus of $3K, with revenue exceeding expenses. The organization holds $468 in liabilities against $260K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $259K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$93K	$89K	$260K	$468	—	—
2023	$94K	$90K	$258K	$2K	—	—
2022	$98K	$61K	$253K	$878	—	View 990
2021	$92K	$30K	$216K	$86	—	—
2020	$104K	$72K	$153K	$128	—	View 990
2019	$98K	$83K	$122K	$1K	—	View 990
2018	$92K	$89K	$107K	$848	—	View 990
2017	$100K	$101K	$105K	$1K	—	View 990
2016	$101K	$94K	$107K	$1K	—	View 990
2015	$97K	$89K	$100K	$562	—	View 990
2014	$102K	$71K	$92K	$947	—	View 990
2013	$134K	$119K	$60K	$97	—	View 990
2012	$137K	$161K	$46K	$2K	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $93K, expenses of $89K, and assets of $260K (revenue -1.4% year-over-year).
2023: Revenue of $94K, expenses of $90K, and assets of $258K (revenue -3.9% year-over-year).
2022: Revenue of $98K, expenses of $61K, and assets of $253K (revenue +6.2% year-over-year).
2021: Revenue of $92K, expenses of $30K, and assets of $216K (revenue -11.1% year-over-year).
2020: Revenue of $104K, expenses of $72K, and assets of $153K (revenue +6.3% year-over-year).
2019: Revenue of $98K, expenses of $83K, and assets of $122K (revenue +6.5% year-over-year).
2018: Revenue of $92K, expenses of $89K, and assets of $107K (revenue -8.5% year-over-year).
2017: Revenue of $100K, expenses of $101K, and assets of $105K (revenue -0.4% year-over-year).
2016: Revenue of $101K, expenses of $94K, and assets of $107K (revenue +3.3% year-over-year).
2015: Revenue of $97K, expenses of $89K, and assets of $100K (revenue -4.4% year-over-year).
2014: Revenue of $102K, expenses of $71K, and assets of $92K (revenue -24.1% year-over-year).
2013: Revenue of $134K, expenses of $119K, and assets of $60K (revenue -2.4% year-over-year).
2012: Revenue of $137K, expenses of $161K, and assets of $46K.

Data Sources and Methodology

This transparency report for National Rural Letter Carriers N H State 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.