Charlenes Angels

Analysis

Charlenes Angels is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2014, 12 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 December 2022, Charlenes Angels reported income of $830k and spending of $697k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $715k to $830k (+16%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 81% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charlenes Angels sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include B2w2 Inc ($830k), 100 Acre Wood Daycare Inc ($830k) and Cobleskill Campus Child Care Center Inc ($830k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $157k (23% of expenses). Other salaries and wages came to $300k. At year end it held assets of $971k against liabilities of $139k, net assets of $831k. It reported 39 employees.