Southern New Hampshire Medical Center
Southern New Hampshire Medical Center maintains strong financial health with consistent revenue growth and positive net income.
EIN: 20483054 · Nashua, NH · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $413.1M |
| Total Expenses | $294.7M |
| Program Spending | 85% |
| Net Assets | $247.7M |
| Transparency Score | 80/100 |
Is Southern New Hampshire Medical Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southern New Hampshire Medical Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern New Hampshire Medical Center
Southern New Hampshire Medical Center (EIN: 20483054) is a nonprofit organization based in Nashua, NH, classified under NTEE code E220. The organization reported total revenue of $413.1M and total assets of $431.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern New Hampshire Medical Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern New Hampshire Medical Center is a major nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $313.2M |
| Total Expenses | $294.7M |
| Surplus / Deficit | +$18.4M |
| Total Assets | $412.4M |
| Total Liabilities | $164.7M |
| Net Assets | $247.7M |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 39.9% |
| Months of Reserves | 16.8 months |
Financial Health Grade: A
In 2023, Southern New Hampshire Medical Center reported a surplus of $18.4M with revenue exceeding expenses, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 39.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Southern New Hampshire Medical Center's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.2% | +12.4% | -5.6% |
| 2022 | +10.0% | +6.3% | -12.6% |
| 2021 | +8.8% | +10.7% | +7.5% |
| 2020 | +27.9% | +35.0% | +11.3% |
| 2019 | -22.5% | -21.3% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Southern New Hampshire Medical Center with a Mission Score of 80 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, Southern New Hampshire Medical Center 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 39.9%.
Executive Compensation Analysis
The provided data consistently reports 0% for Officer Compensation across all filing periods, which is unusual for an organization of this size and revenue. This suggests that executive compensation is either not reported in this specific field or is categorized differently within the full IRS 990 filing, requiring further investigation for a complete understanding.
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 Southern New Hampshire Medical Center's IRS 990 filings:
- Lack of specific functional expense breakdown in provided data
- Unclear reporting of executive compensation (consistently 0% in summary)
Strengths
The following positive indicators were identified for Southern New Hampshire Medical Center:
- Consistent positive net income across multiple years
- Significant growth in revenue over the past decade (from $211M in 2015 to $313M in 2023)
- Strong and growing asset base ($349M in 2015 to $412M in 2023)
- Healthy financial reserves (assets significantly exceed liabilities)
Frequently Asked Questions about Southern New Hampshire Medical Center
Is Southern New Hampshire Medical Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern New Hampshire Medical Center (EIN: 20483054) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Southern New Hampshire Medical Center spend its money?
Southern New Hampshire Medical Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Southern New Hampshire Medical Center tax-deductible?
Southern New Hampshire Medical Center is registered as a tax-exempt nonprofit (EIN: 20483054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southern New Hampshire Medical Center's spending goes to programs?
Southern New Hampshire Medical Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southern New Hampshire Medical Center compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Southern New Hampshire Medical Center is above average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southern New Hampshire Medical Center located?
Southern New Hampshire Medical Center is headquartered in Nashua, New Hampshire and files with the IRS under EIN 20483054. It is classified under NTEE code E220.
How many years of IRS 990 filings does Southern New Hampshire Medical Center have?
Southern New Hampshire Medical Center 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 $413.1M in total revenue.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed functional expense breakdown. A full IRS 990 filing would be required to determine the exact percentages allocated to programs, administration, and fundraising.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% for Officer Compensation in the provided data is atypical for an organization of this scale. It's possible that executive compensation is reported under different expense categories within the full 990 form, or the summary data specifically omits it. Further review of the complete 990 forms is needed to clarify this.
How has the organization's net assets changed over time?
The organization's net assets (Assets minus Liabilities) have shown growth. For example, in 201509, net assets were approximately $191.4 million ($349.2M - $157.8M), growing to approximately $247.7 million ($412.3M - $164.6M) in 202306, indicating a healthy accumulation of resources.
What is the trend in the organization's revenue growth?
Southern New Hampshire Medical Center has demonstrated consistent revenue growth, increasing from $211,216,357 in 201509 to $313,157,281 in 202306, reflecting a significant expansion in its financial operations over the past decade.
Filing History
IRS 990 filing history for Southern New Hampshire Medical Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Southern New Hampshire Medical Center's revenue has grown by 55.4%, moving from $201.5M to $313.2M. Total assets increased by 46% over the same period, from $282.5M to $412.4M. Total functional expenses rose by 49.5%, from $197.1M to $294.7M. In its most recent filing year (2023), Southern New Hampshire Medical Center reported a surplus of $18.4M, with revenue exceeding expenses. The organization holds $164.7M in liabilities against $412.4M in assets (debt-to-asset ratio: 39.9%), resulting in net assets of $247.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $313.2M | $294.7M | $412.4M | $164.7M | — | View 990 |
| 2022 | $313.8M | $262.1M | $437.0M | $170.7M | — | View 990 |
| 2021 | $285.4M | $246.6M | $499.8M | $183.7M | — | View 990 |
| 2020 | $262.4M | $222.9M | $464.7M | $204.4M | — | View 990 |
| 2019 | $205.1M | $165.0M | $417.4M | $141.2M | — | View 990 |
| 2018 | $264.8M | $209.6M | $414.1M | $141.3M | — | View 990 |
| 2017 | $244.9M | $196.4M | $404.9M | $159.3M | — | View 990 |
| 2016 | $234.0M | $187.4M | $381.2M | $176.0M | — | View 990 |
| 2015 | $211.2M | $183.5M | $349.2M | $157.8M | — | View 990 |
| 2014 | $215.9M | $177.1M | $349.9M | $150.1M | — | View 990 |
| 2013 | $209.3M | $170.9M | $334.8M | $149.6M | — | View 990 |
| 2012 | $207.2M | $172.4M | $313.2M | $160.0M | — | View 990 |
| 2011 | $201.5M | $197.1M | $282.5M | $145.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $313.2M, expenses of $294.7M, and assets of $412.4M (revenue -0.2% year-over-year).
- 2022: Revenue of $313.8M, expenses of $262.1M, and assets of $437.0M (revenue +10.0% year-over-year).
- 2021: Revenue of $285.4M, expenses of $246.6M, and assets of $499.8M (revenue +8.8% year-over-year).
- 2020: Revenue of $262.4M, expenses of $222.9M, and assets of $464.7M (revenue +27.9% year-over-year).
- 2019: Revenue of $205.1M, expenses of $165.0M, and assets of $417.4M (revenue -22.5% year-over-year).
- 2018: Revenue of $264.8M, expenses of $209.6M, and assets of $414.1M (revenue +8.1% year-over-year).
- 2017: Revenue of $244.9M, expenses of $196.4M, and assets of $404.9M (revenue +4.6% year-over-year).
- 2016: Revenue of $234.0M, expenses of $187.4M, and assets of $381.2M (revenue +10.8% year-over-year).
- 2015: Revenue of $211.2M, expenses of $183.5M, and assets of $349.2M (revenue -2.2% year-over-year).
- 2014: Revenue of $215.9M, expenses of $177.1M, and assets of $349.9M (revenue +3.2% year-over-year).
- 2013: Revenue of $209.3M, expenses of $170.9M, and assets of $334.8M (revenue +1.0% year-over-year).
- 2012: Revenue of $207.2M, expenses of $172.4M, and assets of $313.2M (revenue +2.8% year-over-year).
- 2011: Revenue of $201.5M, expenses of $197.1M, and assets of $282.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern New Hampshire Medical Center:
Data Sources and Methodology
This transparency report for Southern New Hampshire Medical Center 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.