Anchor Housing Corporation

Analysis

Anchor Housing Corporation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1980, 46 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Anchor Housing Corporation reported income of $147k and spending of $90k, leaving 39% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $153k to $147k (-3.8%), an average of -1.0% a year. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anchor Housing Corporation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 25th percentile within DC. Charities of a similar size with the same main cause include Crossroads Community Supported Acupuncture ($147k), Childhood Cancer Lifeline ($147k) and Futures Foundation ($147k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $781k against liabilities of $7,546, net assets of $773k.