Bellas Angels Inc

Analysis

Bellas Angels Inc is a registered charity in United States, based in Wellington, FL. It received its IRS tax-exemption ruling in March 2012, 14 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, Bellas Angels Inc reported income of $618k and spending of $621k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $271k to $618k (+127%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 288%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bellas Angels Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Carol Matheys Center for Children and Families Inc ($618k), Oaxaca Youth Empowerment Inc ($618k) and Atlanta Childrens Foundation Inc ($617k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $97k (16% of expenses). Other salaries and wages came to $57k. At year end it held assets of $1.2m against liabilities of $542, net assets of $1.2m. It reported 3 employees.