Anns Place Inc

Analysis

Anns Place Inc is a registered charity in United States, based in Danbury, CT. It received its IRS tax-exemption ruling in November 1992, 34 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, Anns Place Inc reported income of $1.3m and spending of $1.4m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.3m (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anns Place Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CT. Charities of a similar size with the same main cause include Spoon Foundation ($1.3m), Hope-Homeless Outreach Providing Encouragement ($1.3m) and Jackson Emc Foundation Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $880k. At year end it held assets of $5.3m against liabilities of $18k, net assets of $5.3m. It reported 22 employees.