Angelica Village

Analysis

Angelica Village is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Angelica Village reported income of $601k and spending of $474k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $283k to $601k (+112%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 90% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Angelica Village sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within CO. Charities of a similar size with the same main cause include Michigan Affordable Senior Non Profit Housing Corporation ($601k), Roanoke Housing Development Corporation ($601k) and Kendal at Sonoma a Zen Inspired Community ($600k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (6.7% of expenses). Other salaries and wages came to $40k. At year end it held assets of $209k against liabilities of $2,084, net assets of $207k. It reported 3 employees.