Anchor House Inc

Analysis

Anchor House Inc is a registered charity in United States, based in Plymouth, MA. It received its IRS tax-exemption ruling in August 1973, 53 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2024, Anchor House Inc reported income of $948k and spending of $877k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $665k to $948k (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anchor House Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Assoc for Education & Rehbltatn of the Blind & Visually Impaired ($948k), Gateway Family Services of Illinois ($948k) and Personal Enrichment Program Inc ($948k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $123k (14% of expenses). Other salaries and wages came to $445k. At year end it held assets of $666k against liabilities of $67k, net assets of $599k. It reported 14 employees.