William Averette Anderson Fund

Analysis

William Averette Anderson Fund is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, William Averette Anderson Fund reported income of $127k and spending of $138k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $127k (+143%), an average of +144% a year. The sharpest change came in the year to December 2023, when income rose by 143%. Over the whole period it spent 128% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, William Averette Anderson Fund sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 44th percentile within MD. Charities of a similar size with the same main cause include Elmont East End Chemical Engine and Hose Company Inc ($127k), Eastern Salisbury Fire Ambulance & Rescue Company ($127k) and Poteet Volunteer Fire Department Inc ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $50k (36% of expenses). At year end it held assets of $50k against liabilities of $16k, net assets of $33k. It reported 1 employees.