Newnan-Coweta Angels House Inc

Analysis

Newnan-Coweta Angels House Inc is a registered charity in United States, based in Newnan, GA. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Newnan-Coweta Angels House Inc reported income of $341k and spending of $129k, leaving 62% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $235k to $341k (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2023, when income rose by 19%. Over the whole period it spent 76% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Newnan-Coweta Angels House Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include Family Promise of Berks County Inc ($340k), Disability Foundation Inc ($341k) and Odd Fellows & Rebekahs Friendship Towers Inc ($340k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.7m against liabilities of $380, net assets of $1.7m.