New Hampshire Recycles
New Hampshire Recycles consistently operates with a narrow surplus and reports no officer compensation.
EIN: 20359998 · Epsom, NH · NTEE: C022 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.2M |
| Total Expenses | $7.0M |
| Program Spending | 95% |
| Net Assets | $1.4M |
| Transparency Score | 92/100 |
Is New Hampshire Recycles Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hampshire Recycles directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hampshire Recycles
New Hampshire Recycles (EIN: 20359998) is a nonprofit organization based in Epsom, NH, classified under NTEE code C022. The organization reported total revenue of $8.2M and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Recycles's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hampshire Recycles is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.1M |
| Total Expenses | $7.0M |
| Surplus / Deficit | +$84K |
| Total Assets | $2.3M |
| Total Liabilities | $924K |
| Net Assets | $1.4M |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 39.8% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2023, New Hampshire Recycles reported a surplus of $84K with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 39.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Hampshire Recycles's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -17.7% | -17.6% | +10.6% |
| 2022 | +7.7% | +7.3% | -27.7% |
| 2021 | +18.9% | +21.8% | +36.9% |
| 2020 | -3.7% | -6.0% | +0.8% |
| 2019 | -9.4% | -9.0% | -12.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Recycles 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: 4%
- programs: 95%
- fundraising: 1%
According to IRS 990 filings, New Hampshire Recycles allocates its expenses as follows: admin: 4%, programs: 95%, fundraising: 1%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $84K, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.8%.
Executive Compensation Analysis
New Hampshire Recycles consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers. This is a highly positive indicator for a nonprofit of its size, with annual revenues consistently in the multi-million dollar range.
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 Recycles:
- Consistent reporting of 0% officer compensation, indicating high transparency and dedication to mission.
- Stable financial operations with consistent revenues and expenses over a decade.
- Narrow operating surpluses, suggesting efficient use of funds without excessive accumulation.
- Regular and timely filing of IRS Form 990s, demonstrating good governance and accountability.
Frequently Asked Questions about New Hampshire Recycles
Is New Hampshire Recycles a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hampshire Recycles (EIN: 20359998) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does New Hampshire Recycles spend its money?
New Hampshire Recycles directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to New Hampshire Recycles tax-deductible?
New Hampshire Recycles is registered as a tax-exempt nonprofit (EIN: 20359998). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Hampshire Recycles's spending goes to programs?
New Hampshire Recycles directs 95% to programs, 1% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New Hampshire Recycles compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), New Hampshire Recycles is above average for NTEE category C022 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Hampshire Recycles located?
New Hampshire Recycles is headquartered in Epsom, New Hampshire and files with the IRS under EIN 20359998. It is classified under NTEE code C022.
How many years of IRS 990 filings does New Hampshire Recycles have?
New Hampshire Recycles 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 $8.2M in total revenue.
Is New Hampshire Recycles a good charity?
Based on the available IRS 990 data, New Hampshire Recycles appears to be a very good charity. It consistently operates with a narrow surplus, indicating efficient use of funds, and reports 0% officer compensation, which is a strong positive for transparency and program focus.
How stable is New Hampshire Recycles financially?
New Hampshire Recycles demonstrates good financial stability. Its revenues and expenses have been consistent over the past decade, and its assets have remained stable, indicating a well-managed organization that avoids significant deficits or excessive accumulation of funds.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, which means no salaries are paid to its officers. This is an exceptional practice for a nonprofit of its scale, demonstrating a strong commitment to directing resources to its mission.
Filing History
IRS 990 filing history for New Hampshire Recycles showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Hampshire Recycles's revenue has declined by 28.6%, moving from $10.0M to $7.1M. Total assets increased by 4.7% over the same period, from $2.2M to $2.3M. Total functional expenses fell by 28.8%, from $9.9M to $7.0M. In its most recent filing year (2023), New Hampshire Recycles reported a surplus of $84K, with revenue exceeding expenses. The organization holds $924K in liabilities against $2.3M in assets (debt-to-asset ratio: 39.8%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.1M | $7.0M | $2.3M | $924K | — | View 990 |
| 2022 | $8.7M | $8.6M | $2.1M | $796K | — | — |
| 2021 | $8.0M | $8.0M | $2.9M | $1.7M | — | View 990 |
| 2020 | $6.8M | $6.6M | $2.1M | $969K | — | — |
| 2019 | $7.0M | $7.0M | $2.1M | $1.2M | — | View 990 |
| 2018 | $7.7M | $7.7M | $2.4M | $1.5M | — | View 990 |
| 2017 | $7.4M | $7.4M | $2.4M | $1.6M | — | View 990 |
| 2016 | $6.9M | $6.8M | $1.8M | $984K | — | View 990 |
| 2015 | $6.5M | $6.5M | $1.9M | $1.3M | — | View 990 |
| 2014 | $8.9M | $8.9M | $2.6M | $1.9M | — | View 990 |
| 2013 | $9.7M | $9.7M | $2.4M | $1.7M | — | View 990 |
| 2012 | $10.7M | $10.5M | $2.5M | $1.9M | — | View 990 |
| 2011 | $10.0M | $9.9M | $2.2M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.1M, expenses of $7.0M, and assets of $2.3M (revenue -17.7% year-over-year).
- 2022: Revenue of $8.7M, expenses of $8.6M, and assets of $2.1M (revenue +7.7% year-over-year).
- 2021: Revenue of $8.0M, expenses of $8.0M, and assets of $2.9M (revenue +18.9% year-over-year).
- 2020: Revenue of $6.8M, expenses of $6.6M, and assets of $2.1M (revenue -3.7% year-over-year).
- 2019: Revenue of $7.0M, expenses of $7.0M, and assets of $2.1M (revenue -9.4% year-over-year).
- 2018: Revenue of $7.7M, expenses of $7.7M, and assets of $2.4M (revenue +4.8% year-over-year).
- 2017: Revenue of $7.4M, expenses of $7.4M, and assets of $2.4M (revenue +7.2% year-over-year).
- 2016: Revenue of $6.9M, expenses of $6.8M, and assets of $1.8M (revenue +6.4% year-over-year).
- 2015: Revenue of $6.5M, expenses of $6.5M, and assets of $1.9M (revenue -27.0% year-over-year).
- 2014: Revenue of $8.9M, expenses of $8.9M, and assets of $2.6M (revenue -8.7% year-over-year).
- 2013: Revenue of $9.7M, expenses of $9.7M, and assets of $2.4M (revenue -9.4% year-over-year).
- 2012: Revenue of $10.7M, expenses of $10.5M, and assets of $2.5M (revenue +7.5% year-over-year).
- 2011: Revenue of $10.0M, expenses of $9.9M, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hampshire Recycles:
Data Sources and Methodology
This transparency report for New Hampshire Recycles 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.