Anchor Ministry

Analysis

Anchor Ministry is a registered charity in United States, based in Rock Hill, SC. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 Ministry reported income of $72k and spending of $66k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $72k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 94% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Anchor Ministry sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within SC. Charities of a similar size with the same main cause include Social Justice Training Institute ($72k), Veteran Feminists of America Inc ($72k) and Queens Lesbian & Gay Community Center Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.