Angels Club

Analysis

Angels Club is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Angels Club reported income of $654k and spending of $596k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $536k to $654k (+22%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Angels Club sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within SC. Charities of a similar size with the same main cause include El Cerrito High School Student Activity Fund ($654k), The Juniper School ($654k) and Forge Inc ($654k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $85k (14% of expenses). Other salaries and wages came to $253k. At year end it held assets of $137k against liabilities of $0, net assets of $137k. It reported 16 employees.