Anabaptist Financial

Analysis

Anabaptist Financial is a registered charity in United States, based in Lewisburg, PA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Anabaptist Financial reported income of $47.4m and spending of $43.1m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $20.6m to $47.4m (+130%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 61%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Anabaptist Financial sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include New York Legal Assistance Group Incorporated ($47.4m), American Institute of Chemical Engineers ($47.5m) and Community Action Partnership of Orange County ($47.3m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $560k (1.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $804.0m against liabilities of $778.6m, net assets of $25.4m. It reported 35 employees.