Anchor to Windward Incorporated

Analysis

Anchor to Windward Incorporated is a registered charity in United States, based in Marblehead, MA. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Anchor to Windward Incorporated reported income of $113k and spending of $109k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $145k to $113k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anchor to Windward Incorporated sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Suffolk Community Residential Project Inc ($113k), Charlevoix Childrens House Inc ($113k) and Twin Bridges Kid Day Care Inc ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 33% of the total. At year end it held assets of $216k against liabilities of $587, net assets of $215k.