Anthesis Services

Analysis

Anthesis Services is a registered charity in United States, based in Ontario, CA. It received its IRS tax-exemption ruling in December 1966, 60 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Anthesis Services reported income of $8.1m and spending of $7.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.6m to $8.1m (-6.0%), an average of -1.5% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Anthesis Services sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Economic Opportunities Council of Indian River County Inc ($8.1m), Grace Neighborhood Development Corporation ($8.1m) and Mountain Association for Community Economic Development Inc ($8.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $151k (2.1% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $5.4m against liabilities of $475k, net assets of $4.9m. It reported 173 employees.