Angels of Light Inc

Analysis

Angels of Light Inc is a registered charity in United States, based in Millbrook, NY. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Angels of Light Inc reported income of $451k and spending of $315k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $451k (+160%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 140%. Over the whole period it spent 67% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angels of Light Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Sparrows Nest Inc ($451k), Project Fleri ($451k) and Second Chance Outreach ($451k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $63k (20% of expenses). Other salaries and wages came to $13k. At year end it held assets of $740k against liabilities of $24k, net assets of $715k.