Angel Food East Inc

Analysis

Angel Food East Inc is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in December 1994, 32 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, Angel Food East Inc reported income of $80k and spending of $71k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $80k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Angel Food East Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Potsdam Junior Hockey Association Inc ($80k), Music for Minors II ($80k) and The Grover Cleveland Birthplace Memorial Association ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.