New Hampshire Medical Society
New Hampshire Medical Society shows volatile financial performance with recent revenue growth but inconsistent asset management.
EIN: 20223176 · Concord, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.6M |
| Program Spending | 70% |
| Net Assets | $304K |
| Transparency Score | 75/100 |
Is New Hampshire Medical 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 Medical Society directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About New Hampshire Medical Society
New Hampshire Medical Society (EIN: 20223176) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $1.6M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Medical Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Medical Society is a mid-size nonprofit that has been operating for 78 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$275K |
| Total Assets | $412K |
| Total Liabilities | $108K |
| Net Assets | $304K |
| Operating Margin | 14.8% |
| Debt-to-Asset Ratio | 26.2% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, New Hampshire Medical Society reported a surplus of $275K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 26.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Hampshire Medical Society's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +82.3% | +18.6% | +36.1% |
| 2022 | -21.8% | +7.6% | -47.4% |
| 2021 | +35.3% | +17.7% | -4.1% |
| 2020 | -8.4% | +2.4% | +19.1% |
| 2019 | -4.5% | -40.4% | +17.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1948 |
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 Medical Society with a Mission Score of 75 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 Medical 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 surplus of $275K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% for officers across all available filings, indicating that the organization's leadership may be volunteer-based or compensated through non-officer roles, which is highly favorable for minimizing overhead.
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 Medical Society's IRS 990 filings:
- Significant year-over-year fluctuations in assets, indicating potential instability or inconsistent financial management (e.g., $1,703,140 in 2014 to $302,419 in 2022).
- Periods of substantial operating deficits, such as in 2018 where expenses ($1,732,455) significantly exceeded revenue ($1,105,270).
Strengths
The following positive indicators were identified for New Hampshire Medical Society:
- Consistent reporting of 0% officer compensation, indicating strong control over executive overhead.
- Positive net income in recent years, with 2023 showing revenue of $1,863,692 against expenses of $1,588,616.
- Long filing history (13 filings) demonstrates sustained operation and compliance.
Frequently Asked Questions about New Hampshire Medical Society
Is New Hampshire Medical Society a legitimate charity?
New Hampshire Medical Society (EIN: 20223176) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does New Hampshire Medical Society spend its money?
New Hampshire Medical Society directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to New Hampshire Medical Society tax-deductible?
New Hampshire Medical Society is registered as a tax-exempt nonprofit (EIN: 20223176). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Hampshire Medical Society's spending goes to programs?
New Hampshire Medical Society directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is New Hampshire Medical Society located?
New Hampshire Medical Society is headquartered in Concord, New Hampshire and files with the IRS under EIN 20223176.
How many years of IRS 990 filings does New Hampshire Medical Society have?
New Hampshire Medical Society 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 $1.6M in total revenue.
Is New Hampshire Medical Society financially stable?
The organization's financial stability has been inconsistent. While 2023 showed a positive net income of $275,076 ($1,863,692 revenue - $1,588,616 expenses), there have been significant deficits in previous years, such as 2018 where expenses exceeded revenue by over $600,000. Assets have also fluctuated considerably, from $1,703,140 in 2014 to $302,419 in 2022, suggesting a need for more consistent financial planning.
How does New Hampshire Medical Society manage executive compensation?
The New Hampshire Medical Society reports 0% officer compensation in all available IRS 990 filings. This indicates a strong commitment to minimizing executive overhead, which is a positive indicator of financial efficiency.
What is the trend in the organization's assets?
The organization's assets have shown significant volatility, peaking at $1,703,140 in 2014, declining to a low of $302,419 in 2022, and then rebounding to $411,614 in 2023. This fluctuating trend suggests inconsistent asset management or significant operational changes over the years.
Filing History
IRS 990 filing history for New Hampshire Medical Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Hampshire Medical Society's revenue has grown by 72%, moving from $1.1M to $1.9M. Total assets decreased by 72.3% over the same period, from $1.5M to $412K. Total functional expenses rose by 58.3%, from $1.0M to $1.6M. In its most recent filing year (2023), New Hampshire Medical Society reported a surplus of $275K, with revenue exceeding expenses. The organization holds $108K in liabilities against $412K in assets (debt-to-asset ratio: 26.2%), resulting in net assets of $304K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.6M | $412K | $108K | — | — |
| 2022 | $1.0M | $1.3M | $302K | $274K | — | View 990 |
| 2021 | $1.3M | $1.2M | $575K | $229K | — | View 990 |
| 2020 | $967K | $1.1M | $599K | $317K | — | — |
| 2019 | $1.1M | $1.0M | $503K | $130K | — | View 990 |
| 2018 | $1.1M | $1.7M | $429K | $79K | — | View 990 |
| 2017 | $1.0M | $1.0M | $1.2M | $149K | — | — |
| 2016 | $1.1M | $1.0M | $1.4M | $336K | — | View 990 |
| 2015 | $1.0M | $926K | $1.2M | $281K | — | View 990 |
| 2014 | $1.1M | $1.0M | $1.7M | $805K | — | View 990 |
| 2013 | $1.1M | $1.1M | $1.7M | $825K | — | View 990 |
| 2012 | $1.0M | $1.1M | $1.5M | $748K | — | View 990 |
| 2011 | $1.1M | $1.0M | $1.5M | $698K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.6M, and assets of $412K (revenue +82.3% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.3M, and assets of $302K (revenue -21.8% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.2M, and assets of $575K (revenue +35.3% year-over-year).
- 2020: Revenue of $967K, expenses of $1.1M, and assets of $599K (revenue -8.4% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $503K (revenue -4.5% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.7M, and assets of $429K (revenue +8.6% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.0M, and assets of $1.2M (revenue -5.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $1.4M (revenue +5.5% year-over-year).
- 2015: Revenue of $1.0M, expenses of $926K, and assets of $1.2M (revenue -2.9% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $1.7M (revenue -7.6% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $1.7M (revenue +10.3% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.1M, and assets of $1.5M (revenue -4.8% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.0M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Medical Society:
Data Sources and Methodology
This transparency report for New Hampshire Medical 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.