Aeroangel Incorporated

Analysis

Aeroangel Incorporated is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Aeroangel Incorporated reported income of $319k and spending of $387k, spending 121% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $862k to $319k (-63%), an average of -28% a year. The sharpest change came in the year to June 2021, when income dropped by 111%. Over the whole period it spent 174% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aeroangel Incorporated sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include Youth Substance Abuse Prevention Coalition ($319k), Carolina-Honduras Health Foundation ($319k) and Upstream Public Health ($319k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 108% of the total. Other salaries and wages came to $92k. At year end it held assets of $63k against liabilities of $3,852, net assets of $60k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.