Angels and Causes Inc

Analysis

Angels and Causes Inc is a registered charity in United States, based in Thonotosassa, FL. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 September 2023, Angels and Causes Inc reported income of $2.0m and spending of $2.0m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.1m to $2.0m (+82%), an average of +16% a year. The sharpest change came in the year to September 2022, when income rose by 41%. Over the whole period it spent 83% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Angels and Causes Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within FL. Charities of a similar size with the same main cause include Kostopulos Dream Foundation Camp Kostopulos ($2.0m), FC Pride Inc ($2.0m) and Norcal Crew ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $168k (8.6% of expenses). Other salaries and wages came to $579k. At year end it held assets of $1.6m against liabilities of $23k, net assets of $1.6m. It reported 11 employees.