Attic Angel Place Inc

Analysis

Attic Angel Place Inc is a registered charity in United States, based in Middleton, WI. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Attic Angel Place Inc reported income of $17.1m and spending of $17.2m, spending 101% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $15.9m to $17.1m (+7.1%), an average of +1.7% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Attic Angel Place Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WI. Charities of a similar size with the same main cause include Glen Retirement System ($17.1m), Wedontwaste Inc ($17.1m) and Family Guidance Center ($17.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $167k (1.0% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $38.0m against liabilities of $16.7m, net assets of $21.3m.