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New Hampshire · Nonprofit

Cottage Hospital

Cottage Hospital (New Hampshire) receives grants from 6 organizations whose IRS filings report $486,174 to it, the largest being Foundation for Healthy Communities ($382,232). 3 of them have funded it in more than one year.

Revenue FY2025
$46M
Funders on record
6
Grants received
$486k
Net assets
$19M
3/6 repeat funderspeak grant-dependency 1%
01What it does

What Cottage Hospital does

Mission

To strengthen the health of our community by providing accessible, quality care.

As stated on its FY2025 Form 990.

Programs

  1. Cottage Hospital provided health care to approximately 572 inpatients and 44,976 outpatients during the fiscal year.

    $29,151,703 spent$34,275,854 earned by the program
    83% of program spending
  2. The Ray of Hope Geriatric Behavioral Health unit provides quality care for those struggling with a behavioral health issue. This inpatient program is for geriatric patients 65 years and older with persistent or late onset behavioral health illnesses or concerns. Specialized care focuses on assessment, treatment, rehabilitation, prevention, family/community support and education surrounding behavioral health.

    $2,777,830 spent$2,637,689 earned by the program
    8% of program spending
  3. The Rowe Health Center provides internal medicine, behavioral health, podiatry, cardiology, gastroenterology and endocrinology services. We are proud to offer a team-based approach to provide all of our patients with accessible, convenient, high quality care. With same day acute appointments available, meeting the needs of our patients is our priority.

    $3,241,058 spent$2,199,938 earned by the program
    9% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $35,170,591.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($32M) Expenses 100 ($32M) Net assets 100 ($16M)2018 Revenue 103 ($33M) Expenses 106 ($34M) Net assets 99 ($16M)2019 Revenue 108 ($35M) Expenses 107 ($34M) Net assets 105 ($17M)2020 Revenue 112 ($36M) Expenses 111 ($35M) Net assets 112 ($18M)2021 Revenue 130 ($42M) Expenses 121 ($39M) Net assets 140 ($22M)2022 Revenue 118 ($38M) Expenses 127 ($40M) Net assets 114 ($18M)2023 Revenue 129 ($41M) Expenses 132 ($42M) Net assets 113 ($18M)2024 Revenue 132 ($43M) Expenses 137 ($44M) Net assets 114 ($18M)2025 Revenue 142 ($46M) Expenses 138 ($44M) Net assets 121 ($19M)
'17'18'19'20'21'22'23'24'25
Revenue (142)Expenses (138)Net assets (121)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $34M to $41M (+24%).

$32M
$32M
$34M
$41M
$42M
$39M
$37M
$38M
$36M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 4% · 2021 19% · 2022 4% · 2023 0% · 2024 0% · 2025 9%. Grants only. Government contracts and fees sit inside program revenue.

9% of Cottage Hospital’s revenue is contributions — more donation-reliant than the typical peer (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$331k
’17
−$608k
’18
$759k
’19
$841k
’20
$3.3M
’21
−$2.3M
’22
−$693k
’23
−$1.1M
’24
$1.7M
’25
1.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Holly McCormack

CEO

Board chair

Clare Vallee

Chairperson

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2020 and FY2021 filings.

'17'18'19'20'21'22'23'24'25
Listed222122192321202522
Joined·+3+4+4+7+4+6+9+3
No longer listed·43736746
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $8k → $18k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Cottage Hospital’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Cottage Hospital leans on a few funders — its largest provides 79% of grant income and the top three 98%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

79% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Cottage Hospital.

79%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 80% · 2021 50% · 2022 96% · 2023 59% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

79% of Cottage Hospital's grant income comes from New Hampshire funders.

NH
MA
NJ
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New Hampshire out of state home

Funder states come from each funder’s own filing. $544 arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Cottage Hospital runs a healthier operating margin than half of the 2,843 health nonprofits its size.

Operating margin4% · above the median
Months of reserve1.1mo · below the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025

Government funding Cottage Hospital receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $88k on record — $70k federal, $18k state.

Federal$70k
grants $70kcontracts $0
Top agencies
  • Department of Agriculture$70k
State$18k
09
10
11
12
14
15
16
17
18
19
20
21
22
23
24
25
By state
  • MA$11k
  • VT$6k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Cottage Hospital

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New Hampshire

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 20%Fundraising 0%

Governance

12
board members
75%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NH

Screen this organization

A dated, signed PDF of the compliance screen for Cottage Hospital: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Cottage Hospital?
Cottage Hospital (New Hampshire) receives grants from 6 organizations whose IRS filings report $486,174 to it, the largest being Foundation for Healthy Communities ($382,232). 3 of them have funded it in more than one year.
How many funders does Cottage Hospital have?
IRS filings report 6 organizations giving $486,174 in grants to Cottage Hospital, 3 of which have funded it in more than one year.
Who is the largest funder of Cottage Hospital?
Foundation for Healthy Communities is the largest funder on record, with $382,232 in grants. The full list of funders is on this page.
How can an organization like Cottage Hospital find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New Hampshire. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Cottage Hospital →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing