Anchorage Home Builders Care Endowment Inc

Analysis

Anchorage Home Builders Care Endowment Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 January 2023, Anchorage Home Builders Care Endowment Inc reported income of $89k and spending of $55k, leaving 39% of income unspent that year. Across the 5 years on record, from January 2019 to January 2023, income grew from $80k to $89k (+11%), an average of +2.6% a year. The sharpest change came in the year to January 2021, when income rose by 125%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anchorage Home Builders Care Endowment Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 29th percentile within AK. Charities of a similar size with the same main cause include Reborn Family Center Inc ($89k), The Valley of Change ($89k) and Faith and Fitness ($89k).

On its Form 990-EZ for the period ending January 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.