Anderson Impact Center Inc

Analysis

Anderson Impact Center Inc is a registered charity in United States, based in Anderson, IN. It received its IRS tax-exemption ruling in February 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Anderson Impact Center Inc reported income of $280k and spending of $274k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $304k to $280k (-7.9%), an average of -2.7% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Anderson Impact Center Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Chico Childrens Museum ($280k), Reach Academy Learning Center ($280k) and Lakeside Booster Club ($280k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $98k (36% of expenses). It paid $4,403 in professional fundraising fees. At year end it held assets of $7.2m against liabilities of $49k, net assets of $7.2m. It reported 3 employees.