Annes Anchor

Analysis

Annes Anchor is a registered charity in United States, based in Bowling Green, MO. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, 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, Annes Anchor reported income of $213k and spending of $147k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $213k (+88%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Annes Anchor sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within MO. Charities of a similar size with the same main cause include Two Talent Ministries ($213k), Ely Area Food Shelf ($213k) and Mobile Meals of El Reno ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $60k. At year end it held assets of $296k against liabilities of $2,150, net assets of $294k. It reported 3 employees.