Anvk Inc

Analysis

Anvk Inc is a registered charity in United States, based in Kenosha, WI. It received its IRS tax-exemption ruling in August 1945, 81 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Anvk Inc reported income of $75k and spending of $57k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $75k (-95%), an average of -53% a year. The sharpest change came in the year to December 2023, when income dropped by 94%. Over the whole period it spent 146% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anvk Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within WI. Charities of a similar size with the same main cause include Jessie Trice Collaborative Inc ($75k), Gundersen Lutheran Health System Inc ($75k) and Methodist Hospitals of Dallas Guild ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% of the total. At year end it held assets of $1.1m against liabilities of $6,703, net assets of $1.1m.