Anondo Fund Inc

Analysis

Anondo Fund Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2022, 4 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, Anondo Fund Inc reported income of $284k and spending of $290k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $284k (+310%), an average of +310% a year. The sharpest change came in the year to December 2023, when income rose by 310%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Anondo Fund Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within IL. Charities of a similar size with the same main cause include Willamette Valley Cancer Foundation ($284k), H Douglas Weaver Perpetual Charitable Trust ($284k) and Flagstone Initiative ($284k).

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 $18k against liabilities of $0, net assets of $18k.