Sleeping Angels Foundation

Analysis

Sleeping Angels Foundation is a registered charity in United States, based in Boone, IA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Sleeping Angels Foundation reported income of $103k and spending of $42k, leaving 59% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $103k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 58% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sleeping Angels Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within IA. Charities of a similar size with the same main cause include Colfax Thrifty Grandmothers ($103k), Monrovia Band Boosters Inc ($103k) and Maxwell and Marjorie Jospey Support Foundation ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.