Angel Wings Foundation

Analysis

Angel Wings Foundation is a registered charity in United States, based in Bonney Lake, WA. It received its IRS tax-exemption ruling in June 2011, 15 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, Angel Wings Foundation reported income of $69k and spending of $94k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $69k (-42%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angel Wings Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within WA. Charities of a similar size with the same main cause include Nueces County C P S Community Partners Inc ($69k), The Marayah Cares Foundation ($69k) and Pennsylvaina Alpine Racing Association Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.0% of the total. At year end it held assets of $151k against liabilities of $6,575, net assets of $145k.