Friends of Anansi Charter School

Analysis

Friends of Anansi Charter School is a registered charity in United States, based in El Prado, NM. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Friends of Anansi Charter School reported income of $217k and spending of $209k, spending 97% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $117k to $217k (+86%), an average of +17% a year. The sharpest change came in the year to December 2019, when income rose by 290%. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Anansi Charter School sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within NM. Charities of a similar size with the same main cause include Sage Creek Foundation ($217k), C-W Parent Coop Preschool ($217k) and Florida Records Management Association ($217k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 23% of the total. At year end it held assets of $3.2m against liabilities of $2.2m, net assets of $975k.