Anvil Housing Corporation

Analysis

Anvil Housing Corporation is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 1993, 33 years ago. 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, Anvil Housing Corporation reported income of $496k and spending of $401k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $486k to $496k (+2.1%), an average of +0.5% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Anvil Housing Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within WI. Charities of a similar size with the same main cause include Iberia Council on Aging Inc ($496k), Utah Foundation ($496k) and Eugene Masonic Cemetery Association Inc ($496k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 96% of the total. Other salaries and wages came to $103k. At year end it held assets of $1.5m against liabilities of $1.7m, net assets of -$272k.