Anniecannons Inc

Analysis

Anniecannons Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Anniecannons Inc reported income of $2.1m and spending of $1.4m, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.1m (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 135%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anniecannons Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Capabilities Partnership Inc ($2.1m), Respond Now Inc ($2.1m) and A Loving Heart Youth Services Incorporated ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $109k (7.8% of expenses). Other salaries and wages came to $772k. At year end it held assets of $2.3m against liabilities of $53k, net assets of $2.3m. It reported 24 employees.