Angus Foundation

Analysis

Angus Foundation is a registered charity in United States, based in Saint Joseph, MO. It received its IRS tax-exemption ruling in November 1980, 46 years ago. 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 September 2023, Angus Foundation reported income of $2.3m and spending of $1.4m, leaving 38% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.0m to $2.3m (+15%), an average of +3.6% a year. The sharpest change came in the year to September 2021, when income rose by 22%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Angus Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include James River Senior Citizens Center Inc ($2.3m), Family Support and Resource Center Inc ($2.3m) and Cothoa Luncheon Club Inc ($2.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 48% of the total. Compensation of current officers, directors and key employees was $132k (9.3% of expenses). Other salaries and wages came to $58k. At year end it held assets of $23.9m against liabilities of $249k, net assets of $23.7m. It reported 3 employees.