Anchor Mental Health Association

Analysis

Anchor Mental Health Association is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 June 2023, Anchor Mental Health Association reported income of $7.1m and spending of $11.1m, spending 155% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.1m to $7.1m (-46%), an average of -14% a year. The sharpest change came in the year to June 2020, when income dropped by 18%. Over the whole period it spent 133% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anchor Mental Health Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 84th percentile within DC. Charities of a similar size with the same main cause include Crossroads Center ($7.1m), Childrens Oncology Group Foundation ($7.1m) and Diabetes Research Institute Foundation Inc ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 49% of the total. Other salaries and wages came to $6.6m. At year end it held assets of $6.8m against liabilities of $13k, net assets of $6.7m. It reported 118 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.