Anderson Center Inc

Analysis

Anderson Center Inc is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Center Inc reported income of $1.2m and spending of $900k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $681k to $1.2m (+79%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Anderson Center Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Harvard Consulting on Business and the Environment ($1.2m), DBSC Inc ($1.2m) and Urban Support Agency Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $136k (15% of expenses). Other salaries and wages came to $240k. At year end it held assets of $1.5m against liabilities of $89k, net assets of $1.4m. It reported 4 employees.