Angels of Hope a Family Cancer Foundation

Analysis

Angels of Hope a Family Cancer Foundation is a registered charity in United States, based in Utica, MI. It received its IRS tax-exemption ruling in December 2004, 22 years ago. 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, Angels of Hope a Family Cancer Foundation reported income of $1.0m and spending of $1.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $970k to $1.0m (+7.1%), an average of +1.7% a year. The sharpest change came in the year to December 2023, when income rose by 144%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Angels of Hope a Family Cancer Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MI. Charities of a similar size with the same main cause include Central Dupage Pastoral Counseling Center ($1.0m), San Jose Institute of Contemporary Art ($1.0m) and Maya Educational Foundation ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. At year end it held assets of $430k against liabilities of $306k, net assets of $124k.