NH’s Top Women-Led Businesses and Nonprofits

(Editor's Note: The actual lists of the Top Women-led Businesses and Nonprofits in NH are only available by order the print edition of the October 2024 issue of Business NH Magazine or by ordering digital versions of the list. To order the October 2024 issue, click here. To order the digital lists, please contact sales@granitemediagroup.com.)

There are only a handful of NH companies and nonprofits that generate more than $1 billion in annual revenue and this year, five of them are led by women: Dartmouth Health, Dartmouth College, Anthem Blue Cross and Blue Shield, Planet Fitness, and Southern
NH University.

This year’s list of the Top Women-Led Business in NH is Business NH Magazine’s largest yet, with 92 companies on the list. These companies generated more than $4.4 billion in revenue in 2023 and 70% grew revenue between 2021 and 2023. Collectively, revenue generated by the Top Women-Led Companies increased by 12% in that time frame.

The top women-led businesses employ 4,225 full-time workers in NH and more than 2,500 part-time or temporary workers. More than half (56%) are family owned. Of the executives on the list, 49% founded their companies and 75% have controlling ownership. 

The dominant sector on the list is business services (30%), with law (6%) and staffing (4%) being major subsets of that. Other major sectors are: retail/wholesale (16%), construction/trades/engineering (12%), manufacturing (10%), hospitality (8%), financial services (6.5%), healthcare/fitness/home services (6.5%), real estate and settlement services (6%), and education (5%). 

To make the list, businesses must generate at least $1 million annually. Most of the companies on the list—59%—generate less than $10 million in annual revenue and 46% generate less than $5 million. On the other end of the scale, 8% generate more than $100 million annually while 11% generate revenue of more than $50 million.

Business NH Magazine also highlights the 50 largest women-led nonprofits in the state by revenue. The Top 50 Nonprofits in NH posted annual revenue of $7.7 billion, although $4.9 billion of that is attributable to the top three nonprofits. The 50 nonprofits employ more than 54,800 people and have more than 17,000 volunteers. Of the top women-led nonprofits, 44% provide healthcare services, 30% are social service agencies and 14% are in the education sector. 

What all these companies demonstrate are the significant economic and social impact women-led organizations have in NH. If you think your business or organization should be on the lists, contact Editor Matthew J. Mowry at mmowry@GraniteMediaGroup.com.