Anchorage Neighborhood Health

Analysis

Anchorage Neighborhood Health is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in March 1975, 51 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Anchorage Neighborhood Health reported income of $23.3m and spending of $25.6m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.6m to $23.3m (+32%), an average of +7.3% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anchorage Neighborhood Health sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within AK. Charities of a similar size with the same main cause include Esperanza Health Center Inc ($23.3m), Ohios Hospice Inc ($23.3m) and Westchester Institute for Human Development ($23.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 28% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $1.0m (3.9% of expenses). Other salaries and wages came to $13.2m. At year end it held assets of $35.4m against liabilities of $1.9m, net assets of $33.5m. It reported 219 employees.