Anchor Lancaster EIN 81-3308601

Anchor Lancaster

EIN  81-3308601 Public charity (501(c)(3)) Lancaster, PA
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Provides free meals weekly to low-income, unsheltered, and socially-excluded people with love.
Leadership
Rev Joseph Dipaolo · Director
Money in and out
$634K revenue, $600K expenses
Bottom line
72% program efficiency

Provides free meals weekly to low-income, unsheltered, and socially-excluded people with love. For fiscal year 2024 it reported $634K in revenue, $600K in expenses, and $218K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$634K
Pt VIII · Ln 12
Total expenses
$600K
Pt IX · Ln 25
Net assets
$218K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $34K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.16 Fundraising $0.12
Program efficiency
72%
of spending reaches programs▼ -9% vs prior filing year
Operating runway
4.3mo
months of highly liquid reserves at operating expense rate▼ -7% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▲ +301% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$634K
FY2024▲ +37%
Expenses
$600K
FY2024▲ +26%
Total assets
$218K
FY2024▲ +19%
Total liabilities
$0
FY2024
Total revenue
$634K
Pt VIII · Ln 12
Total expenses
$600K
Pt IX · Ln 25
Net assets
$218K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$34K
Total assetsPt X · Ln 16$218K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $434K of program spending, described in the organization's own filed words · FY2024.
01

A Free Breakfast Is Served from 8

30 A.M. Until 9:45 A.M. Each weekday, everyone and anyone may come to eat. A nutritious menu of hot, protein filled food items, juice, milk, cereal, toast, fruit and coffee are served every day. In 2024, anchor lancaster provided 41,641 meals and 6,013 showers to our neighbors in need.

$434Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CAnchor Lancaster
EINHdr · item D81-3308601
Principal addressHdr · item CLancaster, PA
WebsiteHdr · item Janchorlancaster.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MPA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K35)
Ruling yearIRS BMFApr 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Anchor Lancaster executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$500K · 79%
Other revenue$134K · 21%
Contributions & grants79%$500K
Other revenue21%$134K
Investment income$493
Total revenueLn 12$634K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.16 Fundraising $0.12
Program services72%$434K
Management & general16%$96K
Fundraising12%$70K
Total functional expensesLn 25$600K

Balance Sheet

Part X · end of year
CashLn 1$214K
Total assetsLn 16$218K
Total liabilitiesLn 26$0
Total net assetsLn 32$218K
Months of cash on handcomputed4.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $214K · Operating expenses/yr $600K
4.3 months
Where the money goes
Program services
Program services $434K · Total expenses $600K
72%
Management & General
Management & general $96K · Total expenses $600K
16%
Fundraising
Fundraising $70K · Total expenses $600K
12%
Cost to raise $1
Fundraising expense (3-yr avg) $57K · Solicited contributions (3-yr avg) $377K
$0.15 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $500K · Total revenue $634K
79%
Government reliance
Government grants — · Total revenue $634K
Earned-income share
Program service revenue $0 · Total revenue $634K
0%
Investment reliance
Investment income $493 · Total revenue $634K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $600K
0%
Growth & trend
Revenue growth (YoY)
This year $634K · Prior year $464K
+37%
Revenue CAGR
FY2020 $375K · FY2024 $634K
+14%
Net-asset trend (YoY)
End of year $218K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $634K · Expenses $600K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $218K
Net-asset ratio
Net assets $218K · Total assets $218K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $218K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Rev Joseph Dipaolo · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $600K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $191K · Total expenses $600K
32%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 16%
Fundraising cost ratio 14%
Revenue growth 37%
Accounting fee ratio 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$634K revenue · viewing · ⤓ 990 PDF
FY2023$464K revenue · ⤓ 990 PDF
FY2022$367K revenue · ⤓ 990 PDF
FY2021$267K revenue · ⤓ 990 PDF
FY2020$375K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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