Anchor Stone Christian Church

Analysis

Anchor Stone Christian Church is a registered charity in United States, based in Santa Ana, CA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Anchor Stone Christian Church reported income of $117k and spending of $193k, spending 164% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $229k to $117k (-49%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Anchor Stone Christian Church sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 43rd percentile within CA. Charities of a similar size with the same main cause include Iqra Muslim Foundation of America Inc ($117k), Muppies Inc ($117k) and In His Grip Ministries Inc ($117k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.7m against liabilities of $1.4m, net assets of $226k.