Attic Angel Association

Analysis

Attic Angel Association is a registered charity in United States, based in Middleton, WI. It received its IRS tax-exemption ruling in January 1955, 71 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, Attic Angel Association reported income of $1.7m and spending of $1.5m, spending 90% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.1m to $1.7m (+55%), an average of +12% a year. The sharpest change came in the year to March 2024, when income rose by 72%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Attic Angel Association sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within WI. Charities of a similar size with the same main cause include Brockport Child Day Care Center Inc ($1.7m), Independent Living Resource Center ($1.7m) and Vail Veterans Foundation Inc ($1.7m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 46% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $121k (8.0% of expenses). Other salaries and wages came to $489k. At year end it held assets of $17.2m against liabilities of $736k, net assets of $16.4m. It reported 346 employees.