Anabaptist Savings and Loans International

Analysis

Anabaptist Savings and Loans International is a registered charity in United States, based in Grandview, TX. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Anabaptist Savings and Loans International reported income of $2.8m and spending of $3.0m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $63k to $2.8m (+4376%), an average of +159% a year. The sharpest change came in the year to December 2020, when income rose by 334%. Over the whole period it spent 102% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Anabaptist Savings and Loans International sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Armenian Relief Society Inc ($2.8m), International Community School of Abidjan Inc ($2.9m) and Nepal Youth Foundation ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 9.2% of the total. At year end it held assets of $38.9m against liabilities of $39.0m, net assets of -$43k.