Anchorum Healthcare Partnerships

Analysis

Anchorum Healthcare Partnerships is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Anchorum Healthcare Partnerships reported income of $9.9m and spending of $12.9m, spending 130% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.5m to $9.9m (-26%), an average of -7.4% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anchorum Healthcare Partnerships sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 97th percentile within NM. Charities of a similar size with the same main cause include Manor Grove Incorporated ($9.9m), Comprehensive Behavioral Health Center of St Clair County Inc ($9.9m) and Planned Parenthood South Texas ($9.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $633k (4.9% of expenses). Other salaries and wages came to $618k. At year end it held assets of $143.7m against liabilities of $22.6m, net assets of $121.1m. It reported 11 employees.