Angels Closet Charities

Analysis

Angels Closet Charities is a registered charity in United States, based in Mentone, CA. It received its IRS tax-exemption ruling in April 2011, 15 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 June 2024, Angels Closet Charities reported income of $171k and spending of $160k, spending 94% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $77k to $171k (+121%), an average of +49% a year. The sharpest change came in the year to June 2023, when income rose by 158%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angels Closet Charities 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 50th percentile, and in the 52nd percentile within CA. Charities of a similar size with the same main cause include Open Hands Food Pantry ($171k), Cape Girardeau Veterans Home Foundation ($171k) and A Better Hope Inc ($171k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 9.5% of the total. At year end it held assets of $162k against liabilities of $188, net assets of $162k.