Holt-elwell Memorial Foundation is a 501(c)(3) organization based in Hebron, New Hampshire, registered in 1964, with $2,434,611 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$2.4M
▲ 10.5% vs prior year
Recreation median: $129K
Expenses (FY2023)
$1.6M
Net assets
$6.8M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Holt-elwell Memorial Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Holt-elwell Memorial Foundation: 52 mo reserves · +36% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Holt-elwell Memorial Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Holt-elwell Memorial Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $676K (FY2013) to $2.4M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
35.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.1M
Total liabilities
$351K
Net assets
$6.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,434,611▲10.5% | $1,561,653▼0.3% | $6,776,715▲30.1% | $7,127,287▲26.5% | 990 |
| 2022 | $2,204,006▲37.3% | $1,566,175▲7.5% | $5,207,459▲16.9% | $5,632,141▲16.5% | 990 |
| 2021 | $1,605,719▼42.2% | $1,457,130▲20.9% | $4,454,441▼19.8% | $4,833,943▼18.6% | 990 |
| 2020 | $2,777,734▲258% | $1,204,757▲71.7% | $5,551,152▲61.9% | $5,937,699▲47.0% | 990 |
| 2019 | $776,439▼47.3% | $701,516▼42.7% | $3,428,523▲9.1% | $4,039,444▲14.9% | 990 |
| 2018 | $1,472,362▼25.0% | $1,223,760▼5.7% | $3,143,981▲11.7% | $3,515,210▲9.3% | 990 |
| 2017 | $1,963,748▲56.9% | $1,297,190▲5.5% | $2,814,773▲11.6% | $3,215,309▲8.6% | 990 |
| 2016 | $1,251,987▲20.9% | $1,229,724▲32.8% | $2,523,147▲4.9% | $2,959,434▲3.5% | 990 |
| 2015 | $1,035,287▲30.3% | $926,206▲16.1% | $2,406,072▲1.6% | $2,860,293▲0.9% | 990 |
| 2014 | $794,794▲17.6% | $798,021▲2.9% | $2,368,414▼0.6% | $2,835,199▼0.1% | 990 |
| 2013 | $675,601 | $775,158▲11.5% | $2,381,777▼0.6% | $2,837,736▲4.9% | 990 |
| 2012 | — | $694,915▲5.1% | $2,395,704 | $2,704,494▲2.3% | 990 |
| 2011 | — | $661,349▲19.7% | $2,395,704▲0.2% | $2,643,086▲6.6% | 990 |
| 2010 | — | $552,399▲8.5% | $2,391,838▼0.9% | $2,479,098▲0.4% | 990 |
| 2009 | — | $509,110 | $2,413,248 | $2,468,512 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
26 grants to Holt-elwell Memorial Foundation totaling $2.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $50,000 |
| American Online Giving Foundation Inc | General support | 2024 | $45,484 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $537,900 |
| Donor Advised Charitable Giving | Human services | 2023 | $15,850 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2023 | $14,250 |
| American Online Giving Foundation Inc | General support | 2023 | $13,980 |
| American Online Giving Foundation Inc | General support | 2022 | $29,735 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $16,750 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2022 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $17,050 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $17,050 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2021 | $15,000 |
| American Online Giving Foundation Inc | General support | 2021 | $14,526 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $1,029,100 |
| Donor Advised Charitable Giving | Human services | 2020 | $102,083 |
Explore more
Data for Holt-elwell Memorial Foundation (EIN 02-0261932) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.