Cecil Anchorpoint Inc

Analysis

Cecil Anchorpoint Inc is a registered charity in United States, based in Elkton, MD. It received its IRS tax-exemption ruling in August 1992, 34 years ago. 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 2024, Cecil Anchorpoint Inc reported income of $807k and spending of $793k, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $313k to $807k (+158%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cecil Anchorpoint Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Save-An-Angel LLC ($807k), Maine Environmental Education Association ($807k) and Innoceana ($807k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $478k. At year end it held assets of $355k against liabilities of $5,772, net assets of $349k. It reported 12 employees.