Angelwish Inc

Analysis

Angelwish Inc is a registered charity in United States, based in Hoboken, NJ. It received its IRS tax-exemption ruling in September 1999, 27 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 December 2023, Angelwish Inc reported income of $189k and spending of $190k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $288k to $189k (-34%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angelwish Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Pregnancy Resource Connection Inc ($189k), Hatzilu Rescue Organization Inc ($189k) and Mental Health Programs Inc VIII ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $120k (63% of expenses). Other salaries and wages came to $3,000. At year end it held assets of $173k against liabilities of $12k, net assets of $161k. It reported 1 employees.