Anvil Community Development Corporation

Analysis

Anvil Community Development Corporation is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in February 2017, 9 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Anvil Community Development Corporation reported income of $60k and spending of $64k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $60k (-13%), an average of -12% a year. Over the whole period it spent 102% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Anvil Community Development Corporation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Lincoln County Family Resource Network Inc ($60k), Syracuse Asbestos Workers Apprentice Fund ($60k) and Industry Hub Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $144 against liabilities of $0, net assets of $144.