Anchor-age Center Inc is a 501(c)(3) organization based in Anchorage, Alaska, registered in 1940, with $2,644,938 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$2.6M
▲ 26.0% vs prior year
Expenses (FY2024)
$2.4M
Net assets
$6.4M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Anchor-age Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Anchor-age Center Inc: 33 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Anchor-age Center Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Anchor-age Center Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $1.7M (FY2018) to $2.6M (FY2024) across 6 reported years.
Financial snapshot
Operating margin
11.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.6M
Total liabilities
$260K
Net assets
$6.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,644,938▲26.0% | $2,352,125▲8.2% | $6,372,156▲2.2% | $6,632,529▲3.5% | 990 |
| 2023 | $2,098,893▼19.5% | $2,173,527▲14.7% | $6,232,713▲4.4% | $6,407,054▲3.0% | 990 |
| 2022 | $2,606,870▲32.0% | $1,894,575▲14.8% | $5,972,592▼4.4% | $6,217,916▼3.2% | 990 |
| 2021 | $1,975,023▲12.5% | $1,649,967▲4.2% | $6,246,499▲7.8% | $6,421,680▲7.4% | 990 |
| 2020 | $1,755,600▲5.4% | $1,583,498▲4.9% | $5,797,042▲26.3% | $5,978,742▲27.3% | 990 |
| 2018 | $1,666,081 | $1,510,237 | $4,590,762 | $4,698,036 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
12 grants to Anchor-age Center Inc totaling $521K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Raymond James Charitable Endowment Fund | General support | 2024 | $8,300 |
| National Council On Aging Inc | Support | 2023 | $50,000 |
| National Council On Aging Inc | Support | 2022 | $30,000 |
| National Council On Aging Inc | Support | 2021 | $90,000 |
| Alaska Community Foundation | — | 2021 | $75,700 |
| Donor Advised Charitable Giving | Health | 2021 | $15,000 |
| National Council On Aging Inc | Support | 2020 | $60,000 |
| Alaska Community Foundation | Operational support | 2020 | $44,871 |
| National Council On Aging Inc | Support | 2019 | $77,500 |
| National Council On Aging Inc | Support | 2018 | $30,000 |
| National Council On Aging Inc | Support | 2017 | $20,000 |
| National Council On Aging Inc | Support | 2017 | $20,000 |
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Data for Anchor-age Center Inc (EIN 92-0086821) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.