Angel House of Georgia Inc

Analysis

Angel House of Georgia Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in July 2011, 15 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Angel House of Georgia Inc reported income of $544k and spending of $523k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $368k to $544k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Angel House of Georgia Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Abundance Foundation Inc ($544k), MRC Melrose Housing Development Fund Corporation ($544k) and Swope Ridge Gardens Housing Corporation ($544k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $30k (5.7% of expenses). Other salaries and wages came to $72k. At year end it held assets of $209k against liabilities of $156k, net assets of $52k. It reported 5 employees.