Three Angels Fund

Analysis

Three Angels Fund is a registered charity in United States, based in Middletown, RI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 December 2023, Three Angels Fund reported income of $265k and spending of $244k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $204k to $265k (+30%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 71% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Three Angels Fund sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within RI. Charities of a similar size with the same main cause include Beersheba Springs Medical Clinic ($265k), The Medical Center Auxiliary ($265k) and Tanner Foundation ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $288k against liabilities of $0, net assets of $288k.