Anchor Point Inc

Analysis

Anchor Point Inc is a registered charity in United States, based in Cambridge, MD. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Point Inc reported income of $174k and spending of $177k, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $158k to $174k (+10%), an average of +2.0% a year. The sharpest change came in the year to June 2020, when income dropped by 2803%. Over the whole period it spent -34% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Anchor Point Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within MD. Charities of a similar size with the same main cause include Environmental Conservancy of North Port Inc ($174k), Green Belt Conservancy Inc ($174k) and Georgeson Botanical Garden Friends ($174k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 93% of the total. At year end it held assets of $504k against liabilities of $3,421, net assets of $500k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.