Anchor Bible Concepts

Analysis

Anchor Bible Concepts is a registered charity in United States, based in Whites Creek, TN. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Anchor Bible Concepts reported income of $432k and spending of $438k, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $442k to $432k (-2.2%), an average of -1.1% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Anchor Bible Concepts sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include Tiffany Jordan Ministries ($432k), The Sending Project Inc ($432k) and T W Ministries Inc ($432k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $410k against liabilities of $21k, net assets of $389k.