Fidelis Angels Network Inc

Analysis

Fidelis Angels Network Inc is a registered charity in United States, based in Hollywood, FL. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Fidelis Angels Network Inc reported income of $268k and spending of $408k, spending 152% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $221k to $268k (+21%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 143% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fidelis Angels Network Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Straight Truth About Hormonesfoundation Inc ($268k), Upstart Crow Studios ($268k) and Iter Inc ($268k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $122k. At year end it held assets of $157k against liabilities of $361k, net assets of -$203k. It reported 11 employees.