Anchorage Remade

Analysis

Anchorage Remade is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in November 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, Anchorage Remade reported income of $466k and spending of $227k, leaving 51% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $453k to $466k (+2.8%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 53%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anchorage Remade sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within AK. Charities of a similar size with the same main cause include Cornerstone Family Ministries ($466k), Friends of Edtf Inc ($466k) and Willow Springs Boys Ranch Inc ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 46% of the total. At year end it held assets of $1.4m against liabilities of $1.1m, net assets of $247k.