Angels for Angels

Analysis

Angels for Angels is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 for Angels reported income of $8.3m and spending of $6.2m, leaving 25% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.1m to $8.3m (+625%), an average of +94% a year. The sharpest change came in the year to December 2021, when income rose by 374%. Over the whole period it spent 84% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Angels for Angels sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Concho Valley Workforce Development Board ($8.3m), Businesses United in Investing Lending and Development ($8.3m) and Park Center ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $50k (0.8% of expenses). At year end it held assets of $2.8m against liabilities of $2,950, net assets of $2.8m. It reported 4 employees.