Anvil of Hope

Analysis

Anvil of Hope is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 2020, 6 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, Anvil of Hope reported income of $104k and spending of $124k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $551k to $104k (-81%), an average of -81% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Anvil of Hope sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Lake Arrowhead Rotary Foundation ($104k), Houston Gman Classic Inc ($104k) and Salute the Troops ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 139% of the total. At year end it held assets of $34k against liabilities of $2,790, net assets of $31k.