Angel of Life Services Inc

Analysis

Angel of Life Services Inc is a registered charity in United States, based in Ocala, FL. It received its IRS tax-exemption ruling in November 2013, 13 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 2022, Angel of Life Services Inc reported income of $532k and spending of $532k, spending 100% of its income. Across the 3 years on record, from December 2018 to December 2022, income grew from $202k to $532k (+163%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 163%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angel of Life Services Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Gan Israel Preschool ($532k), Soldotna Area Senior Citizens Inc ($532k) and Genki Inc ($532k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $45k (8.5% of expenses). Other salaries and wages came to $168k. At year end it held assets of $150k against liabilities of $150k, net assets of $0. It reported 7 employees.