American Anchorpoint Academies Inc

Analysis

American Anchorpoint Academies Inc is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in June 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2020, American Anchorpoint Academies Inc reported income of $544k and spending of $453k, spending 83% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $374k to $544k (+45%), an average of +45% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, American Anchorpoint Academies Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include Kentucky School for the Blind Charitable Foundation Inc ($544k), Greater Arizona Inc ($544k) and Rhode Island Tutorial & Educational Services Inc ($544k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.