Angels Share Inc

Analysis

Angels Share Inc is a registered charity in United States, based in Council BLFS, IA. It received its IRS tax-exemption ruling in December 2007, 19 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, Angels Share Inc reported income of $74k and spending of $276k, spending 374% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $826k to $74k (-91%), an average of -91% a year. The sharpest change came in the year to December 2023, when income dropped by 91%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angels Share Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within IA. Charities of a similar size with the same main cause include Weber County Homeless Charitable Trust Fund ($74k), Ouallo Kouya Foundation ($74k) and Greater Hazleton Senior Citizens Services Inc ($74k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 48% of the total. At year end it held assets of $1,818 against liabilities of $1,818, net assets of $0.