Anita Foundation Inc

Analysis

Anita Foundation Inc is a registered charity in United States, based in Anita, IA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Anita Foundation Inc reported income of $180k and spending of $229k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $193k to $180k (-6.8%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Anita Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within IA. Charities of a similar size with the same main cause include Gretna Basketball Association ($180k), Beating the Odds Foundation ($180k) and Lapeer County K I N D Kids in New Directions ($180k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $170k. At year end it held assets of $601k against liabilities of $54k, net assets of $546k. It reported 25 employees.