Anchorpoint Christian School Inc

Analysis

Anchorpoint Christian School Inc is a registered charity in United States, based in Wyoming, MI. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Anchorpoint Christian School Inc reported income of $1.0m and spending of $923k, spending 90% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $633k to $1.0m (+63%), an average of +13% a year. The sharpest change came in the year to August 2023, when income rose by 36%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Anchorpoint Christian School Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include North Carolina Early Childhood Foundation Inc ($1.0m), Region IV Head Start Association Inc ($1.0m) and Kinfolk Tech Foundation ($1.0m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Other salaries and wages came to $424k. At year end it held assets of $212k against liabilities of $31k, net assets of $182k. It reported 20 employees.