Anchor Lancaster

Analysis

Anchor Lancaster is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Anchor Lancaster reported income of $464k and spending of $477k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $219k to $464k (+112%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 71%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Anchor Lancaster sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Claiborne Voluntary Council on the Aging Inc ($464k), East Cleveland Neighborhood Center Inc ($464k) and Pineland Early Learning Center Inc ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Other salaries and wages came to $147k. At year end it held assets of $184k against liabilities of $0, net assets of $184k. It reported 5 employees.