CSCharityScored
72

Granite State Economic Development Corp

Other · Portsmouth, New Hampshire

One Cate St 3Rd Floor, Portsmouth, NH 03801-7108

EIN: 020385121· Founded: Jul 1989· 37 years active· Filing Year: 2023

Annual Revenue

$9.8M

Total Expenses

$8.0M

Total Assets

$22.4M

Program Spending

107%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$2.9M

36.0% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$1.1M

Total Payroll

$5.6M

69% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 69%
Other overhead: -7%
Program Revenue$8.6M (88%)
Total Expenses$8.0M (82%)
Payroll$5.6M (69%)
Overhead (non-program)-7%

Trust Score Breakdown

Program Spending Ratio

107% of expenses go to programs

40%

Revenue & Stability

$9.8M annual revenue

15%

Executive Compensation

$2.9M total officer comp (36.0% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$22.4M in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.