Angel Foundation

Analysis

Angel Foundation is a registered charity in United States, based in Mendota HTS, MN. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 December 2023, Angel Foundation reported income of $3.2m and spending of $3.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.2m (+28%), an average of +6.4% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Angel Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include Swine Health Information Center Inc ($3.2m), McLaren Flint Foundation ($3.2m) and Community Services Group Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $227k (7.2% of expenses). Other salaries and wages came to $921k. At year end it held assets of $4.7m against liabilities of $689k, net assets of $4.1m. It reported 15 employees.