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Connecticut · Nonprofit

ANCHOR HEALTH INITIATIVE CORP

ANCHOR HEALTH INITIATIVE CORP (Connecticut) receives grants from 14 organizations whose IRS filings report $1,391,236 to it, the largest being The Ravengate Foundation ($527,500). 9 of them have funded it in more than one year.

Revenue FY2025
$17M
Funders on record
14
Grants received
$1.4M
Net assets
$-1796718
9/14 repeat fundersgrants exceed reported revenue in one year
01What it does

What Anchor Health Initiative Corp does

Mission

Anchor health is connecticut's leading health center for the lgbtq community. We provide groundbreaking, radically inclusive, gender-affirming, and sex-positive medical, mental health, and pharmacy care as well as supportive services to thousands of patients across connecticut and beyond. Anchor health continuously works to advance health equity for lgbtq people through advocacy, community-building, education, and research. We are health care for queer people by queer people.

As stated on its FY2025 Form 990.

Programs

  1. Anchor health pharmacy's mission is to dispense medications to under-served patient populations in conjunction with the clinical care received from the anchor health clinic. This specifically includes patients with hiv and seeking gender affirming care/transgender assistance.

    $8,032,801 spentof which $12,456 as grants$10,962,443 earned by the program
    51% of program spending
  2. Anchor Health Initiative Corp. Operates two clinics that provide medical services to the lgbtq+ community as well as other under-served patient populations, with services including general checkups, gender affirming care, sexual health medical services, and hiv care.

    $7,861,234 spentof which $11,869 as grants$6,063,185 earned by the program
    49% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $15,894,035.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($452k) Expenses 100 ($995k)2018 Revenue 136 ($615k) Expenses 128 ($1.3M)2019 Revenue 690 ($3.1M) Expenses 291 ($2.9M)2020 Revenue 1069 ($4.8M) Expenses 467 ($4.6M)2021 Revenue 1282 ($5.8M) Expenses 545 ($5.4M)2022 Revenue 1399 ($6.3M) Expenses 698 ($6.9M)2023 Revenue 1905 ($8.6M) Expenses 916 ($9.1M)2024 Revenue 2511 ($11M) Expenses 1194 ($12M)2025 Revenue 3857 ($17M) Expenses 1702 ($17M)
'17'18'19'20'21'22'23'24'25
Revenue (3857)Expenses (1702)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $1.1M to $2.5M (+134%).

$238k
$187k
$430k
$709k
$1.4M
$1.1M
$1.1M
$2.5M
$2.6M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 4% · 2021 7% · 2022 3% · 2023 2% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

2% of ANCHOR HEALTH INITIATIVE CORP’s revenue is contributions — about as donation-reliant as the typical peer (7% for the typical peer).

This organization
Typical peer · 4,745 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

−$543k
’17
−$655k
’18
$225k
’19
$186k
’20
$377k
’21
−$623k
’22
−$504k
’23
−$525k
’24
$500k
’25
0.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Patricia Chadwick

Treasurer/CFO/CEO

Board chair

Peter Kelly

Board chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed1211771012171718
Joined·+0+0+1+3+3+6+1+5
No longer listed·14101114
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 5 funders, grant income fell $485k → $201k.

4 of 14 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ANCHOR HEALTH INITIATIVE CORP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ANCHOR HEALTH INITIATIVE CORP leans on a few funders — its largest provides 38% of grant income and the top three 72%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

25% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ANCHOR HEALTH INITIATIVE CORP.

38%
largest funder
72%
top three
~4
effective funders

Largest funder’s share by year: 2017 94% · 2018 100% · 2019 80% · 2020 100% · 2021 51% · 2022 55% · 2023 62% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of ANCHOR HEALTH INITIATIVE CORP's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

63% of ANCHOR HEALTH INITIATIVE CORP's grant income comes from Connecticut funders.

NY
CT
RI
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Connecticut out of state home

Funder states come from each funder’s own filing. $307k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ANCHOR HEALTH INITIATIVE CORP has grown faster than three-quarters of the 2,969 health nonprofits its size.

Operating margin3% · below the median
Months of reserve0.2mo · bottom quartile
Revenue growth (annualized)58% · top quartile

this organization peer median middle 50% of peers· 2,969 health nonprofits $10M–$100M, FY2025

Organizations like ANCHOR HEALTH INITIATIVE CORP

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Connecticut

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

94% of spending goes to programs.

Program 94%Management 5%Fundraising 1%

Governance

10
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for ANCHOR HEALTH INITIATIVE CORP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ANCHOR HEALTH INITIATIVE CORP?
ANCHOR HEALTH INITIATIVE CORP (Connecticut) receives grants from 14 organizations whose IRS filings report $1,391,236 to it, the largest being The Ravengate Foundation ($527,500). 9 of them have funded it in more than one year.
How many funders does ANCHOR HEALTH INITIATIVE CORP have?
IRS filings report 14 organizations giving $1,391,236 in grants to ANCHOR HEALTH INITIATIVE CORP, 9 of which have funded it in more than one year.
Who is the largest funder of ANCHOR HEALTH INITIATIVE CORP?
The Ravengate Foundation is the largest funder on record, with $527,500 in grants. The full list of funders is on this page.
How can an organization like ANCHOR HEALTH INITIATIVE CORP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 14 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing