Pinellas Park Angel Fund Inc

Analysis

Pinellas Park Angel Fund Inc is a registered charity in United States, based in Pinellas Park, FL. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Pinellas Park Angel Fund Inc reported income of $113k and spending of $86k, leaving 24% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $27k to $113k (+316%), an average of +43% a year. The sharpest change came in the year to September 2023, when income rose by 271%. Over the whole period it spent 140% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pinellas Park Angel Fund Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Concord Grape Belt Heritage Association Inc ($113k), West Virginia Christian Education Association ($113k) and Grimes Storehouse Inc ($113k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $51k against liabilities of $6,106, net assets of $45k.