New Hampshire Bible Society
New Hampshire Bible Society faces persistent operating deficits, drawing down assets despite volunteer leadership.
EIN: 20223913 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $375K |
| Total Expenses | $60K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $441,968. |
| Net Assets | $442K |
| Transparency Score | 60/100 |
Is New Hampshire Bible Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Bible Society directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New Hampshire Bible Society
New Hampshire Bible Society (EIN: 20223913) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $375K and total assets of $442K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Bible Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Bible Society is a small nonprofit that has been operating for 54 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $60K |
| Surplus / Deficit | $-34,217 |
| Total Assets | $442K |
| Total Liabilities | $1 |
| Net Assets | $442K |
| Operating Margin | -132.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 88.4 months |
Financial Health Grade: B
In 2023, New Hampshire Bible Society reported a deficit of $34K with expenses exceeding revenue, holds 88.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), New Hampshire Bible Society's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +177.7% | +21.6% | -7.2% |
| 2022 | -30.3% | +48.6% | -7.8% |
| 2021 | -73.4% | -9.9% | -3.7% |
| 2020 | +53.9% | -47.6% | +2.5% |
| 2019 | -1.1% | +1.8% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 1972 |
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 New Hampshire Bible Society with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, New Hampshire Bible Society allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with assets of $441,968.
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 New Hampshire Bible Society's IRS 990 filings:
- Persistent operating deficits: Expenses consistently exceed revenue, as seen in 202312 ($59,977 expenses vs. $25,760 revenue).
- Declining asset base: Assets have decreased from $536,312 in 202012 to $441,968 in 202312, indicating reliance on reserves.
- Inconsistent and low revenue generation: Revenue fluctuates significantly and is often insufficient to cover operational costs.
Strengths
The following positive indicators were identified for New Hampshire Bible Society:
- Volunteer-driven leadership: 0% officer compensation across all filings demonstrates strong commitment and efficient use of funds.
- Excellent liability management: Consistently low liabilities (often $1) indicate fiscal prudence and minimal debt burden.
- Long operational history: 11 filings indicate a sustained presence and commitment to its mission over many years.
Frequently Asked Questions about New Hampshire Bible Society
Is New Hampshire Bible Society a legitimate charity?
New Hampshire Bible Society (EIN: 20223913) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 60/100. It has 11 years of IRS 990 filings on record. Total revenue: $375K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does New Hampshire Bible Society spend its money?
New Hampshire Bible Society directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to New Hampshire Bible Society tax-deductible?
New Hampshire Bible Society is registered as a tax-exempt nonprofit (EIN: 20223913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Hampshire Bible Society CEO make?
New Hampshire Bible Society's highest-compensated officer earns $441,968. annually. The organization reported $375K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Hampshire Bible Society's spending goes to programs?
New Hampshire Bible Society directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is New Hampshire Bible Society located?
New Hampshire Bible Society is headquartered in Concord, New Hampshire and files with the IRS under EIN 20223913.
How many years of IRS 990 filings does New Hampshire Bible Society have?
New Hampshire Bible Society has 11 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 $375K in total revenue.
Is New Hampshire Bible Society a good charity?
The New Hampshire Bible Society demonstrates dedication through its volunteer leadership and minimal liabilities. However, its consistent operating deficits, where expenses ($59,977 in 202312) significantly exceed revenue ($25,760 in 202312), raise concerns about its long-term financial sustainability. While the mission focus appears strong due to volunteer efforts, the financial health is precarious.
Why are assets declining?
Assets have been steadily declining, from $536,312 in 202012 to $441,968 in 202312, primarily because the organization consistently spends more than it earns. For example, in 202312, expenses were $59,977 while revenue was only $25,760, meaning the difference is covered by drawing down existing assets.
What is the organization's revenue trend?
The organization's revenue has been highly inconsistent and generally low, with the latest reported revenue at $25,760 (202312). While there was a peak of $49,966 in 202012, revenue has often been below $30,000 in most recent periods, making it difficult to cover expenses.
How does the organization manage its liabilities?
The New Hampshire Bible Society maintains extremely low liabilities, often reported as $1 across multiple periods, including the latest (202312). This indicates excellent financial management regarding debt and a strong balance sheet in terms of obligations.
Filing History
IRS 990 filing history for New Hampshire Bible Society showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), New Hampshire Bible Society's revenue has declined by 16.4%, moving from $31K to $26K. Total assets increased by 142.6% over the same period, from $182K to $442K. Total functional expenses fell by 40.9%, from $101K to $60K. In its most recent filing year (2023), New Hampshire Bible Society reported a deficit of $34K, with expenses exceeding revenue. The organization holds $1 in liabilities against $442K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $442K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $60K | $442K | $1 | — | — |
| 2022 | $9K | $49K | $476K | $1 | — | View 990 |
| 2021 | $13K | $33K | $516K | $1 | — | — |
| 2020 | $50K | $37K | $536K | $1 | — | — |
| 2019 | $32K | $70K | $523K | $1 | — | View 990 |
| 2015 | $33K | $69K | $517K | $2K | — | View 990 |
| 2014 | $30K | $64K | $140K | $1 | — | View 990 |
| 2013 | $13K | $52K | $144K | $75 | — | View 990 |
| 2012 | $11K | $31K | $168K | $3K | — | View 990 |
| 2012 | $21K | $91K | $175K | $2K | — | View 990 |
| 2011 | $31K | $101K | $182K | $700 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $60K, and assets of $442K (revenue +177.7% year-over-year).
- 2022: Revenue of $9K, expenses of $49K, and assets of $476K (revenue -30.3% year-over-year).
- 2021: Revenue of $13K, expenses of $33K, and assets of $516K (revenue -73.4% year-over-year).
- 2020: Revenue of $50K, expenses of $37K, and assets of $536K (revenue +53.9% year-over-year).
- 2019: Revenue of $32K, expenses of $70K, and assets of $523K (revenue -1.1% year-over-year).
- 2015: Revenue of $33K, expenses of $69K, and assets of $517K (revenue +10.4% year-over-year).
- 2014: Revenue of $30K, expenses of $64K, and assets of $140K (revenue +130.4% year-over-year).
- 2013: Revenue of $13K, expenses of $52K, and assets of $144K (revenue +16.1% year-over-year).
- 2012: Revenue of $11K, expenses of $31K, and assets of $168K (revenue -45.9% year-over-year).
- 2012: Revenue of $21K, expenses of $91K, and assets of $175K (revenue -33.3% year-over-year).
- 2011: Revenue of $31K, expenses of $101K, and assets of $182K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Bible Society:
Data Sources and Methodology
This transparency report for New Hampshire Bible Society 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.