Angels of the Abbey Inc

Analysis

Angels of the Abbey Inc is a registered charity in United States, based in Huntersville, NC. It received its IRS tax-exemption ruling in October 2010, 16 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 of the Abbey Inc reported income of $117k and spending of $136k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $117k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Angels of the Abbey Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within NC. Charities of a similar size with the same main cause include Rainier Olympic Nurses Association ($117k), Little League Baseball Inc ($117k) and Poudre Landmarks Foundation Incorporated ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.