Anchor Bay Community Giving Tree

Analysis

Anchor Bay Community Giving Tree is a registered charity in United States, based in New Baltimore, MI. It received its IRS tax-exemption ruling in September 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Anchor Bay Community Giving Tree reported income of $151k and spending of $138k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $151k (+9.8%), an average of +9.8% a year. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Anchor Bay Community Giving Tree sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Whiteford Taylor & Preston Charitable TR ($151k), 501 Collective ($151k) and The Community Y Foundation ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 78% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.