Angel S Foster Family Network Okc Inc

Analysis

Angel S Foster Family Network Okc Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in March 2009, 17 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 S Foster Family Network Okc Inc reported income of $1.8m and spending of $1.6m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.8m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2020, when income rose 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 S Foster Family Network Okc Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OK. Charities of a similar size with the same main cause include Klamath Basin Senior Citizens Center Inc ($1.8m), Julies Family Learning Program Inc ($1.8m) and Vickery Meadow Learning Center ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $169k (10% of expenses). Other salaries and wages came to $874k. At year end it held assets of $2.7m against liabilities of $108k, net assets of $2.6m. It reported 24 employees.