Anchorum Health Foundation

Analysis

Anchorum Health Foundation is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in January 2023, 3 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Anchorum Health Foundation reported income of $635k and spending of $566k, spending 89% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $146k to $635k (+334%), an average of +334% a year. The sharpest change came in the year to June 2023, when income rose by 334%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anchorum Health Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within NM. Charities of a similar size with the same main cause include Substance Abuse Management and Development Corporation ($635k), Fore the Kids Foundation ($635k) and Black Coalition Against Covid ($635k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $106k against liabilities of $23k, net assets of $84k.