Anderson Assistance Foundation

Analysis

Anderson Assistance Foundation is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Anderson Assistance Foundation reported income of $163k and spending of $295k, spending 181% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $163k (-84%), an average of -36% a year. The sharpest change came in the year to December 2020, when income dropped by 68%. Over the whole period it spent 50% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Anderson Assistance Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Yx Gives ($163k), Caroline Previdi Foundation Inc ($163k) and Cohasset Local Education Foundation Ltd ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $939k against liabilities of $5,912, net assets of $933k.