Ancop Foundation USA Inc

Analysis

Ancop Foundation USA Inc is a registered charity in United States, based in Monrovia, CA. It received its IRS tax-exemption ruling in April 2002, 24 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, Ancop Foundation USA Inc reported income of $1.2m and spending of $1.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.2m (-11%), an average of -2.8% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ancop Foundation USA Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Safety Harbor Neighborhood Family Center Inc ($1.2m), Community Resources for Independent ($1.2m) and Illinois Partners in Hope NFP ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $9,669. At year end it held assets of $1.6m against liabilities of $39k, net assets of $1.6m.