Anchor Pointe Recovery Center Inc

Analysis

Anchor Pointe Recovery Center Inc is a registered charity in United States, based in Newport, AR. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Anchor Pointe Recovery Center Inc reported income of $1.2m and spending of $767k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $521k to $1.2m (+132%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 62% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Anchor Pointe Recovery Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within AR. Charities of a similar size with the same main cause include Charles WM Leighton Jr Hospice Inc ($1.2m), Steeple View Inc ($1.2m) and Construct Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $36k (4.7% of expenses). Other salaries and wages came to $209k. At year end it held assets of $2.4m against liabilities of $3,467, net assets of $2.4m. It reported 27 employees.