Anne Carlsen Center
Analysis
Anne Carlsen Center is a registered charity in United States, based in Jamestown, ND. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Anne Carlsen Center reported income of $38.9m and spending of $42.9m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $41.7m to $38.9m (-6.6%), an average of -1.7% a year. Over the whole period it spent 105% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Anne Carlsen Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within ND. Charities of a similar size with the same main cause include Trinity Christian Academy ($38.8m), Education Service Center Region XII of Texas ($39.0m) and Olivet College ($38.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $704k (1.6% of expenses). Other salaries and wages came to $27.2m. At year end it held assets of $154.1m against liabilities of $100.4m, net assets of $53.6m. It reported 718 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 0.9%
- Program services 97%
- Other 1.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trinity Christian Academy | Addison | $38.8m |
| Education Service Center Region XII of Texas | Waco | $39.0m |
| Olivet College | Olivet | $38.8m |
| Uc Berkeley Center for Executive Education | Berkeley | $39.0m |