Anchorpoint Counseling Ministry Inc

Analysis

Anchorpoint Counseling Ministry Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 1970, 56 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, Anchorpoint Counseling Ministry Inc reported income of $1.0m and spending of $1.1m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $664k to $1.0m (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Anchorpoint Counseling Ministry Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Saint Anthony Health Affiliates ($1.0m), World Affairs Council of Jacksonville ($1.0m) and Camp Fire ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $5,834 (0.6% of expenses). Other salaries and wages came to $705k. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 24 employees.