Special Angels of the Woodlands

Analysis

Special Angels of the Woodlands is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in August 2003, 23 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 2022, Special Angels of the Woodlands reported income of $832k and spending of $355k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $315k to $832k (+164%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 291%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Special Angels of the Woodlands sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include My Friends Place Inc ($832k), Swarthmore Fire & Protective Association ($832k) and American College of Physicians ($832k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 12% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $55k (15% of expenses). Other salaries and wages came to $125k. At year end it held assets of $781k against liabilities of $124k, net assets of $657k. It reported 11 employees.