Apartment Angel Inc

Analysis

Apartment Angel Inc is a registered charity in United States, based in Middletown, MD. It received its IRS tax-exemption ruling in March 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 (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, Apartment Angel Inc reported income of $125k and spending of $95k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $63k to $125k (+98%), an average of +41% a year. The sharpest change came in the year to December 2022, when income rose by 41%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apartment Angel Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MD. Charities of a similar size with the same main cause include Safe Option ($125k), Ray Halbritter Charity Classic Inc ($125k) and Eagle Groves Concerned Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.