New Hampshire Catholic Charities Inc
New Hampshire Catholic Charities Inc maintains strong financial stability with consistent revenue and no reported officer compensation.
EIN: 20222163 · Manchester, NH · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $121.1M |
| Total Expenses | $99.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $121M |
| Net Assets | $117.4M |
| Transparency Score | 85/100 |
Is New Hampshire Catholic Charities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Catholic Charities Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Catholic Charities Inc
New Hampshire Catholic Charities Inc (EIN: 20222163) is a nonprofit organization based in Manchester, NH, classified under NTEE code P200. The organization reported total revenue of $121.1M and total assets of $134.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Catholic Charities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Catholic Charities Inc is a major nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $103.4M |
| Total Expenses | $99.6M |
| Surplus / Deficit | +$3.8M |
| Total Assets | $128.8M |
| Total Liabilities | $11.4M |
| Net Assets | $117.4M |
| Operating Margin | 3.6% |
| Debt-to-Asset Ratio | 8.9% |
| Months of Reserves | 15.5 months |
Financial Health Grade: A
In 2024, New Hampshire Catholic Charities Inc reported a surplus of $3.8M with revenue exceeding expenses, holds 15.5 months of operating reserves (strong position), has a debt-to-asset ratio of 8.9% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), New Hampshire Catholic Charities Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.2% | +4.1% | -5.7% |
| 2023 | -3.2% | +9.9% | -2.8% |
| 2022 | -4.1% | +3.5% | +5.3% |
| 2021 | +12.7% | +2.7% | +29.0% |
| 2020 | +7.2% | +4.5% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
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 Catholic Charities Inc 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, New Hampshire Catholic Charities Inc 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.9%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of this size ($121M+ revenue), suggesting either a unique compensation structure not captured in this line item, or a fully volunteer executive leadership, which would be a significant strength in terms of 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.
Red Flags
The following concerns were identified during AI analysis of New Hampshire Catholic Charities Inc's IRS 990 filings:
- Unclear executive compensation structure given 0% reported officer compensation for a large organization.
Strengths
The following positive indicators were identified for New Hampshire Catholic Charities Inc:
- Consistent revenue generation, often exceeding $100 million annually.
- Healthy asset base, consistently over $100 million, providing financial stability.
- Positive net income in most recent periods (e.g., 202403 revenue $103M vs. expenses $99M).
- Strong asset-to-liability ratio, indicating good financial solvency.
Frequently Asked Questions about New Hampshire Catholic Charities Inc
Is New Hampshire Catholic Charities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Catholic Charities Inc (EIN: 20222163) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does New Hampshire Catholic Charities Inc spend its money?
New Hampshire Catholic Charities Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Hampshire Catholic Charities Inc tax-deductible?
New Hampshire Catholic Charities Inc is registered as a tax-exempt nonprofit (EIN: 20222163). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Hampshire Catholic Charities Inc CEO make?
New Hampshire Catholic Charities Inc's highest-compensated officer earns $121M annually. The organization reported $121.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Hampshire Catholic Charities Inc's spending goes to programs?
New Hampshire Catholic Charities Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Hampshire Catholic Charities Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New Hampshire Catholic Charities Inc is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Hampshire Catholic Charities Inc located?
New Hampshire Catholic Charities Inc is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20222163. It is classified under NTEE code P200.
How many years of IRS 990 filings does New Hampshire Catholic Charities Inc have?
New Hampshire Catholic Charities 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 $121.1M in total revenue.
How does New Hampshire Catholic Charities Inc manage executive compensation if 0% is reported?
The consistent 0% officer compensation reported across all filings for an organization with over $100 million in revenue is highly unusual. This could indicate that executive compensation is structured in a way that is not reported under 'Officer Comp' on the 990, such as through related entities, or that the top leadership is entirely volunteer-based. Further investigation into their full 990 forms (Part VII, Compensation of Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees) would be necessary to understand the true compensation practices.
What is the actual program spending ratio?
Based on the provided summary data, a precise program spending ratio cannot be calculated without detailed expense breakdowns. However, given the overall financial health and the general mission of Catholic Charities, it is reasonable to estimate a high percentage of expenses are directed towards programs, likely above 80%.
Are the liabilities manageable given the asset base?
Yes, the liabilities appear manageable. For example, in the 202403 period, liabilities were $11,446,870 against assets of $128,811,349, representing a very healthy asset-to-liability ratio. Even in periods with higher liabilities, such as 202303 ($25,350,240 liabilities vs. $136,600,898 assets), the organization maintains a strong asset base to cover its obligations.
Filing History
IRS 990 filing history for New Hampshire Catholic Charities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), New Hampshire Catholic Charities Inc's revenue has grown by 58.3%, moving from $65.3M to $103.4M. Total assets increased by 101.9% over the same period, from $63.8M to $128.8M. Total functional expenses rose by 62.1%, from $61.5M to $99.6M. In its most recent filing year (2024), New Hampshire Catholic Charities Inc reported a surplus of $3.8M, with revenue exceeding expenses. The organization holds $11.4M in liabilities against $128.8M in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $117.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $103.4M | $99.6M | $128.8M | $11.4M | — | View 990 |
| 2023 | $93.0M | $95.6M | $136.6M | $25.4M | — | View 990 |
| 2022 | $96.1M | $87.0M | $140.5M | $21.6M | — | View 990 |
| 2021 | $100.2M | $84.0M | $133.5M | $21.8M | — | — |
| 2020 | $88.9M | $81.8M | $103.4M | $22.9M | — | View 990 |
| 2019 | $83.0M | $78.3M | $98.8M | $20.8M | — | View 990 |
| 2018 | $83.3M | $83.0M | $95.9M | $20.2M | — | View 990 |
| 2017 | $81.3M | $81.4M | $93.8M | $20.6M | — | View 990 |
| 2016 | $82.5M | $79.2M | $90.5M | $20.4M | — | View 990 |
| 2015 | $76.4M | $72.6M | $76.5M | $8.2M | — | View 990 |
| 2014 | $68.3M | $65.0M | $74.4M | $9.4M | — | View 990 |
| 2013 | $67.0M | $63.2M | $69.9M | $10.1M | — | View 990 |
| 2012 | $65.3M | $61.5M | $63.8M | $9.1M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $103.4M, expenses of $99.6M, and assets of $128.8M (revenue +11.2% year-over-year).
- 2023: Revenue of $93.0M, expenses of $95.6M, and assets of $136.6M (revenue -3.2% year-over-year).
- 2022: Revenue of $96.1M, expenses of $87.0M, and assets of $140.5M (revenue -4.1% year-over-year).
- 2021: Revenue of $100.2M, expenses of $84.0M, and assets of $133.5M (revenue +12.7% year-over-year).
- 2020: Revenue of $88.9M, expenses of $81.8M, and assets of $103.4M (revenue +7.2% year-over-year).
- 2019: Revenue of $83.0M, expenses of $78.3M, and assets of $98.8M (revenue -0.4% year-over-year).
- 2018: Revenue of $83.3M, expenses of $83.0M, and assets of $95.9M (revenue +2.4% year-over-year).
- 2017: Revenue of $81.3M, expenses of $81.4M, and assets of $93.8M (revenue -1.4% year-over-year).
- 2016: Revenue of $82.5M, expenses of $79.2M, and assets of $90.5M (revenue +7.9% year-over-year).
- 2015: Revenue of $76.4M, expenses of $72.6M, and assets of $76.5M (revenue +11.9% year-over-year).
- 2014: Revenue of $68.3M, expenses of $65.0M, and assets of $74.4M (revenue +1.9% year-over-year).
- 2013: Revenue of $67.0M, expenses of $63.2M, and assets of $69.9M (revenue +2.6% year-over-year).
- 2012: Revenue of $65.3M, expenses of $61.5M, and assets of $63.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Catholic Charities Inc:
Data Sources and Methodology
This transparency report for New Hampshire Catholic Charities 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.