New Hampshire Community Loan Fund
New Hampshire Community Loan Fund: Strong Growth, Prudent Spending, and Transparent Operations
EIN: 222524015 · Concord, NH · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $75.1M |
| Total Expenses | $20.7M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $280,153 |
| Net Assets | $56.8M |
| Transparency Score | 92/100 |
Is New Hampshire Community Loan Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Community Loan Fund directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Community Loan Fund
New Hampshire Community Loan Fund (EIN: 222524015) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $75.1M and total assets of $237.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Community Loan Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Community Loan Fund is a major nonprofit that has been operating for 42 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $28.0M |
| Total Expenses | $20.7M |
| Surplus / Deficit | +$7.3M |
| Total Assets | $220.2M |
| Total Liabilities | $163.4M |
| Net Assets | $56.8M |
| Operating Margin | 26.2% |
| Debt-to-Asset Ratio | 74.2% |
| Months of Reserves | 127.8 months |
Financial Health Grade: A
In 2024, New Hampshire Community Loan Fund reported a surplus of $7.3M with revenue exceeding expenses, holds 127.8 months of operating reserves (strong position), has a debt-to-asset ratio of 74.2% (high leverage).
Financial Trends
Over 14 years of filings (2011–2024), New Hampshire Community Loan Fund's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +90.1% | +68.4% | +16.4% |
| 2023 | -7.0% | +12.4% | +5.8% |
| 2022 | +14.2% | +0.0% | +1.0% |
| 2021 | +6.1% | -9.0% | +3.0% |
| 2020 | -14.9% | +11.6% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Community Loan Fund with a Mission Score of 92 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: 80%
- fundraising: 10%
According to IRS 990 filings, New Hampshire Community Loan Fund allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $7.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 74.2%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and impact, with the highest paid individual receiving $280,153 in 2024, which is appropriate for a CEO managing over $237 million in assets.
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.
Strengths
The following positive indicators were identified for New Hampshire Community Loan Fund:
- Significant revenue growth from $10.8 million in 2017 to $75 million in 2024, indicating strong fundraising and program success.
- Consistent asset growth from $124 million in 2017 to $237 million in 2024, demonstrating financial stability and capacity.
- Low administrative and fundraising expenses relative to program spending, indicating efficient use of funds.
- Maintains a healthy liquidity position with liabilities consistently lower than assets.
- Demonstrates a clear commitment to its mission through sustained program expansion and community impact.
Frequently Asked Questions about New Hampshire Community Loan Fund
Is New Hampshire Community Loan Fund a legitimate charity?
New Hampshire Community Loan Fund (EIN: 222524015) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $75.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does New Hampshire Community Loan Fund spend its money?
New Hampshire Community Loan Fund directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to New Hampshire Community Loan Fund tax-deductible?
New Hampshire Community Loan Fund is registered as a tax-exempt nonprofit (EIN: 222524015). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New Hampshire Community Loan Fund CEO make?
New Hampshire Community Loan Fund's highest-compensated officer earns $280,153 annually. The organization reported $75.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New Hampshire Community Loan Fund's spending goes to programs?
New Hampshire Community Loan Fund directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Hampshire Community Loan Fund located?
New Hampshire Community Loan Fund is headquartered in Concord, New Hampshire and files with the IRS under EIN 222524015.
How many years of IRS 990 filings does New Hampshire Community Loan Fund have?
New Hampshire Community Loan Fund has 14 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 $75.1M in total revenue.
What does New Hampshire Community Loan Fund do?
New Hampshire Community Loan Fund is a nonprofit organization in the Unknown sector, located in Concord, New Hampshire. It is classified under NTEE code Unknown.
How much revenue does New Hampshire Community Loan Fund have?
New Hampshire Community Loan Fund reported total revenue of $75,052,598. Based on 14 IRS 990 filings on record.
What are New Hampshire Community Loan Fund's total assets?
New Hampshire Community Loan Fund holds total assets of $237,353,910 as reported in IRS 990 filings.
Where is New Hampshire Community Loan Fund located?
New Hampshire Community Loan Fund is based in Concord, New Hampshire.
What is New Hampshire Community Loan Fund's EIN?
New Hampshire Community Loan Fund's Employer Identification Number (EIN) is 222524015. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Hampshire Community Loan Fund?
New Hampshire Community Loan Fund is classified under NTEE code Unknown (Unknown).
Is New Hampshire Community Loan Fund a registered 501(c)(3)?
New Hampshire Community Loan Fund appears in IRS records (EIN: 222524015). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does New Hampshire Community Loan Fund file IRS Form 990?
Yes, New Hampshire Community Loan Fund has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was New Hampshire Community Loan Fund's revenue in 2024?
In the 202406 filing period, New Hampshire Community Loan Fund reported total revenue of $28,015,351, total expenses of $20,685,013, and net assets of $220,225,049.
Is New Hampshire Community Loan Fund's revenue growing or declining?
New Hampshire Community Loan Fund's revenue is growing. Revenue went from $14,740,663 (202306) to $28,015,351 (202406), a +90.1% change. Based on 14 filings on record.
What is New Hampshire Community Loan Fund's most recent 990 filing?
The most recent IRS Form 990 filing for New Hampshire Community Loan Fund covers tax period 202406. It shows revenue of $28,015,351, expenses of $20,685,013, total assets of $220,225,049, and liabilities of $163,402,410.
How much does New Hampshire Community Loan Fund spend on programs vs administration?
Based on IRS 990 analysis, New Hampshire Community Loan Fund allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is New Hampshire Community Loan Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, New Hampshire Community Loan Fund appears trustworthy. Mission Score: 92/100 (Excellent). No red flags identified. 5 strengths noted.
What are New Hampshire Community Loan Fund's strengths?
Positive indicators for New Hampshire Community Loan Fund include: Significant revenue growth from $10.8 million in 2017 to $75 million in 2024, indicating strong fundraising and program success.. Consistent asset growth from $124 million in 2017 to $237 million in 2024, demonstrating financial stability and capacity.. Low administrative and fundraising expenses relative to program spending, indicating efficient use of funds.. Maintains a healthy liquidity position with liabilities consistently lower than assets.. Demonstrates a clear commitment to its mission through sustained program expansion and community impact.. These findings are derived from AI analysis of the organization's financial filings.
How does New Hampshire Community Loan Fund compensate executives?
Executive compensation appears reasonable given the organization's size and impact, with the highest paid individual receiving $280,153 in 2024, which is appropriate for a CEO managing over $237 million in assets. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the dramatic increase in revenue from $28 million in 2023 to $75 million in 2024?
The significant jump in revenue from $28,015,351 in 2023 to $75,052,598 in 2024 suggests a major new funding initiative, a large one-time grant, or a substantial increase in program service fees. Further investigation into the 2024 financial statements would be needed to pinpoint the exact source(s) of this growth.
How does the organization manage its substantial liabilities, which have grown from $101 million in 2017 to $163 million in 2024?
The growth in liabilities, while substantial, appears to be well-managed in relation to the organization's even larger asset base. Given its nature as a loan fund, these liabilities likely represent program-related loans or other financial instruments that are integral to its mission and are offset by corresponding assets.
Filing History
IRS 990 filing history for New Hampshire Community Loan Fund showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), New Hampshire Community Loan Fund's revenue has grown by 133.7%, moving from $12.0M to $28.0M. Total assets increased by 174.1% over the same period, from $80.3M to $220.2M. Total functional expenses rose by 82.8%, from $11.3M to $20.7M. In its most recent filing year (2024), New Hampshire Community Loan Fund reported a surplus of $7.3M, with revenue exceeding expenses. The organization holds $163.4M in liabilities against $220.2M in assets (debt-to-asset ratio: 74.2%), resulting in net assets of $56.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $28.0M | $20.7M | $220.2M | $163.4M | — | View 990 |
| 2023 | $14.7M | $12.3M | $189.2M | $148.2M | — | View 990 |
| 2022 | $15.8M | $10.9M | $178.8M | $140.3M | — | View 990 |
| 2021 | $13.9M | $10.9M | $177.0M | $143.3M | — | View 990 |
| 2020 | $13.1M | $12.0M | $171.9M | $140.6M | — | View 990 |
| 2019 | $15.4M | $10.8M | $162.5M | $132.2M | — | View 990 |
| 2018 | $11.0M | $9.8M | $137.7M | $112.2M | — | View 990 |
| 2017 | $10.8M | $9.5M | $125.0M | $101.2M | — | View 990 |
| 2016 | $11.6M | $10.8M | $113.1M | $90.0M | — | View 990 |
| 2015 | $11.1M | $10.0M | $104.6M | $82.6M | — | View 990 |
| 2014 | $9.2M | $9.3M | $96.7M | $76.2M | — | View 990 |
| 2013 | $10.4M | $9.5M | $87.9M | $67.6M | — | View 990 |
| 2012 | $9.2M | $9.9M | $83.5M | $63.8M | — | View 990 |
| 2011 | $12.0M | $11.3M | $80.3M | $60.8M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $28.0M, expenses of $20.7M, and assets of $220.2M (revenue +90.1% year-over-year).
- 2023: Revenue of $14.7M, expenses of $12.3M, and assets of $189.2M (revenue -7.0% year-over-year).
- 2022: Revenue of $15.8M, expenses of $10.9M, and assets of $178.8M (revenue +14.2% year-over-year).
- 2021: Revenue of $13.9M, expenses of $10.9M, and assets of $177.0M (revenue +6.1% year-over-year).
- 2020: Revenue of $13.1M, expenses of $12.0M, and assets of $171.9M (revenue -14.9% year-over-year).
- 2019: Revenue of $15.4M, expenses of $10.8M, and assets of $162.5M (revenue +39.5% year-over-year).
- 2018: Revenue of $11.0M, expenses of $9.8M, and assets of $137.7M (revenue +1.6% year-over-year).
- 2017: Revenue of $10.8M, expenses of $9.5M, and assets of $125.0M (revenue -6.7% year-over-year).
- 2016: Revenue of $11.6M, expenses of $10.8M, and assets of $113.1M (revenue +4.6% year-over-year).
- 2015: Revenue of $11.1M, expenses of $10.0M, and assets of $104.6M (revenue +21.3% year-over-year).
- 2014: Revenue of $9.2M, expenses of $9.3M, and assets of $96.7M (revenue -12.2% year-over-year).
- 2013: Revenue of $10.4M, expenses of $9.5M, and assets of $87.9M (revenue +14.2% year-over-year).
- 2012: Revenue of $9.2M, expenses of $9.9M, and assets of $83.5M (revenue -23.7% year-over-year).
- 2011: Revenue of $12.0M, expenses of $11.3M, and assets of $80.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Community Loan Fund:
Data Sources and Methodology
This transparency report for New Hampshire Community Loan Fund 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.