Anderson Family Foundation

Analysis

Anderson Family Foundation is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Anderson Family Foundation reported income of $140k and spending of $74k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $118k to $140k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 380%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Anderson Family Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include N J State Troopers Nco Assoc Foundation Inc ($140k), Compass Montessori Education Foundation ($140k) and Magnolia Hospital Foundation Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $444k against liabilities of $0, net assets of $444k.