Anchored Hope Counseling and Consulting

Analysis

Anchored Hope Counseling and Consulting is a registered charity in United States, based in Pikeville, KY. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Anchored Hope Counseling and Consulting reported income of $301k and spending of $302k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $186k to $301k (+62%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anchored Hope Counseling and Consulting sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within KY. Charities of a similar size with the same main cause include Mobile Mammography Shared Services Inc ($301k), Chelsea Jewish Charitable Foundation Inc ($301k) and Community Recovery International ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $187k. At year end it held assets of $2,091 against liabilities of $31k, net assets of -$29k. It reported 8 employees.