Angel Flight Soars Inc

Analysis

Angel Flight Soars Inc is a registered charity in United States, based in Chamblee, GA. It received its IRS tax-exemption ruling in July 1991, 35 years ago. 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, Angel Flight Soars Inc reported income of $2.9m and spending of $3.2m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.9m to $2.9m (-0.1%), an average of +-0.0% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Angel Flight Soars Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within GA. Charities of a similar size with the same main cause include Visionary Home Builders of California Inc ($2.9m), Manufactured Housing Community Preservationists ($2.9m) and H Read Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $167k (5.2% of expenses). Other salaries and wages came to $443k. At year end it held assets of $689k against liabilities of $10k, net assets of $679k. It reported 9 employees.