Anchor House Foundation Inc
Anchor House Foundation: Consistent Program Spending, High Reserves
EIN: 222898173 · Trenton, NJ · NTEE: P73I · Updated: 2026-04-04
Is Anchor House Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Anchor House Foundation Inc directs 82% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Anchor House Foundation Inc
Anchor House Foundation Inc (EIN: 222898173) is a nonprofit organization based in Trenton, NJ, classified under NTEE code P73I. The organization reported total revenue of $951K and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anchor House Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anchor House Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 82%
- fundraising: 8%
According to IRS 990 filings, Anchor House Foundation Inc allocates its expenses as follows: admin: 10%, programs: 82%, fundraising: 8%. With 82% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided financial data, making a specific assessment difficult without further information.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Anchor House Foundation Inc's IRS 990 filings:
- Lack of specific executive compensation details in the provided data.
- Limited public information on program outcomes and impact beyond financial figures.
Strengths
The following positive indicators were identified for Anchor House Foundation Inc:
- Consistent revenue generation over multiple years.
- Healthy asset base, with total assets consistently above $3.5 million.
- Low liabilities relative to assets, indicating strong financial stability.
- High percentage of expenses allocated to programs (82% in 2023).
Frequently Asked Questions about Anchor House Foundation Inc
Is Anchor House Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Anchor House Foundation Inc (EIN: 222898173) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Anchor House Foundation Inc spend its money?
Anchor House Foundation Inc directs 82% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Anchor House Foundation Inc tax-deductible?
Anchor House Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222898173). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Anchor House Foundation Inc do?
Anchor House Foundation Inc is a nonprofit organization in the Human Services sector, located in Trenton, New Jersey. It is classified under NTEE code P73I.
How much revenue does Anchor House Foundation Inc have?
Anchor House Foundation Inc reported total revenue of $951,356. Based on 14 IRS 990 filings on record.
What are Anchor House Foundation Inc's total assets?
Anchor House Foundation Inc holds total assets of $3,861,526 as reported in IRS 990 filings.
Where is Anchor House Foundation Inc located?
Anchor House Foundation Inc is based in Trenton, New Jersey.
What is Anchor House Foundation Inc's EIN?
Anchor House Foundation Inc's Employer Identification Number (EIN) is 222898173. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Anchor House Foundation Inc?
Anchor House Foundation Inc is classified under NTEE code P73I (Human Services).
Is Anchor House Foundation Inc a registered 501(c)(3)?
Yes, Anchor House Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222898173.
Does Anchor House Foundation Inc file IRS Form 990?
Yes, Anchor House Foundation Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Anchor House Foundation Inc's revenue in 2023?
In the 202312 filing period, Anchor House Foundation Inc reported total revenue of $719,852, total expenses of $876,625, and net assets of $3,959,320.
Is Anchor House Foundation Inc's revenue growing or declining?
Anchor House Foundation Inc's revenue is relatively stable. Revenue went from $699,883 (202212) to $719,852 (202312), a +2.9% change. Based on 14 filings on record.
What is Anchor House Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Anchor House Foundation Inc covers tax period 202312. It shows revenue of $719,852, expenses of $876,625, total assets of $3,959,320, and liabilities of $7,000.
How much does Anchor House Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Anchor House Foundation Inc allocates approximately 82% of expenses to program services, 10% to administrative costs, and 8% to fundraising. This indicates strong program focus.
Is Anchor House Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Anchor House Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 4 strengths noted.
What are the red flags for Anchor House Foundation Inc?
The following concerns were identified: Lack of specific executive compensation details in the provided data.. Limited public information on program outcomes and impact beyond financial figures.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Anchor House Foundation Inc's strengths?
Positive indicators for Anchor House Foundation Inc include: Consistent revenue generation over multiple years.. Healthy asset base, with total assets consistently above $3.5 million.. Low liabilities relative to assets, indicating strong financial stability.. High percentage of expenses allocated to programs (82% in 2023).. These findings are derived from AI analysis of the organization's financial filings.
How does Anchor House Foundation Inc compensate executives?
Executive compensation is not explicitly detailed in the provided financial data, making a specific assessment difficult without further information. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial asset base and consistent revenue, what is Anchor House Foundation's strategy for leveraging its financial strength to expand its mission impact?
The organization consistently maintains a high level of assets (e.g., $3,959,320 in 2023) and low liabilities (e.g., $7,000 in 2023), suggesting a strong financial position. However, the provided data does not detail specific strategies for asset utilization beyond operational expenses, such as endowment growth or significant program expansion initiatives.
How does Anchor House Foundation ensure its administrative and fundraising costs remain efficient while maintaining its operational capacity?
In 2023, administrative and fundraising expenses combined accounted for 18% of total expenses ($876,625 total expenses, with 82% programs, 10% admin, 8% fundraising). This indicates a relatively efficient operational structure, consistently allocating a significant majority of funds directly to programs. The organization has maintained this efficiency over several years, as seen in prior filings.
Filing History
IRS 990 filing history for Anchor House Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Anchor House Foundation Inc's revenue has grown by 14.4%, moving from $629K to $720K. Total assets increased by 50.7% over the same period, from $2.6M to $4.0M. Total functional expenses rose by 66.3%, from $527K to $877K. In its most recent filing year (2023), Anchor House Foundation Inc reported a deficit of $157K, with expenses exceeding revenue. The organization holds $7K in liabilities against $4.0M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $720K | $877K | $4.0M | $7K | — | — |
| 2022 | $700K | $727K | $4.1M | $25K | — | View 990 |
| 2021 | $1.0M | $622K | $4.7M | $16K | — | View 990 |
| 2020 | $742K | $650K | $4.3M | $8K | — | View 990 |
| 2019 | $514K | $415K | $4.2M | $15K | — | View 990 |
| 2018 | $513K | $714K | $3.7M | $8K | — | View 990 |
| 2017 | $853K | $646K | $3.9M | $17K | — | View 990 |
| 2016 | $728K | $567K | $3.5M | $11K | — | View 990 |
| 2015 | $700K | $650K | $3.4M | $11K | — | View 990 |
| 2014 | $750K | $646K | $3.3M | $7K | — | View 990 |
| 2013 | $751K | $631K | $3.1M | $3K | — | View 990 |
| 2012 | $636K | $549K | $2.9M | $8K | — | View 990 |
| 2011 | $637K | $517K | $2.8M | $5K | — | View 990 |
| 2010 | $629K | $527K | $2.6M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $720K, expenses of $877K, and assets of $4.0M (revenue +2.9% year-over-year).
- 2022: Revenue of $700K, expenses of $727K, and assets of $4.1M (revenue -32.1% year-over-year).
- 2021: Revenue of $1.0M, expenses of $622K, and assets of $4.7M (revenue +38.9% year-over-year).
- 2020: Revenue of $742K, expenses of $650K, and assets of $4.3M (revenue +44.4% year-over-year).
- 2019: Revenue of $514K, expenses of $415K, and assets of $4.2M (revenue +0.2% year-over-year).
- 2018: Revenue of $513K, expenses of $714K, and assets of $3.7M (revenue -39.8% year-over-year).
- 2017: Revenue of $853K, expenses of $646K, and assets of $3.9M (revenue +17.1% year-over-year).
- 2016: Revenue of $728K, expenses of $567K, and assets of $3.5M (revenue +4.0% year-over-year).
- 2015: Revenue of $700K, expenses of $650K, and assets of $3.4M (revenue -6.6% year-over-year).
- 2014: Revenue of $750K, expenses of $646K, and assets of $3.3M (revenue -0.2% year-over-year).
- 2013: Revenue of $751K, expenses of $631K, and assets of $3.1M (revenue +18.1% year-over-year).
- 2012: Revenue of $636K, expenses of $549K, and assets of $2.9M (revenue -0.2% year-over-year).
- 2011: Revenue of $637K, expenses of $517K, and assets of $2.8M (revenue +1.3% year-over-year).
- 2010: Revenue of $629K, expenses of $527K, and assets of $2.6M.
Data Sources and Methodology
This transparency report for Anchor House Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.