Naked Angels Ltd

Analysis

Naked Angels Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 August 2023, Naked Angels Ltd reported income of $191k and spending of $154k, spending 81% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $115k to $191k (+66%), an average of +66% a year. The sharpest change came in the year to August 2023, when income rose by 66%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Naked Angels Ltd sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Cepa Management Corporation ($191k), Echoes Africa Initiatives ($191k) and Keigwin and Company Inc ($191k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $74k against liabilities of $2,757, net assets of $71k.