Anag Inc

Analysis

Anag Inc is a registered charity in United States, based in Archer City, TX. It received its IRS tax-exemption ruling in June 1973, 53 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 February 2024, Anag Inc reported income of $215k and spending of $232k, spending 108% of what it took in. Across the 3 years on record, from February 2022 to February 2024, income grew from $174k to $215k (+24%), an average of +11% a year. The sharpest change came in the year to February 2023, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anag Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Wingard Home Inc ($215k), Thomas Toy Community Center ($215k) and Renaissance Committee ($215k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 33% and program service revenue 23% of the total. Other salaries and wages came to $92k. At year end it held assets of $364k against liabilities of $2,895, net assets of $361k. It reported 4 employees.