Angels Place Inc

Analysis

Angels Place Inc is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Angels Place Inc reported income of $233k and spending of $236k, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $214k to $233k (+9.2%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 121% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Angels Place Inc 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 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include Wisconsin Ovarian Cancer Alliance Inc ($233k), Assistance League of Corvallis Oregon ($234k) and Center for Adaptive Riding ($233k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 5.9% of the total. Compensation of current officers, directors and key employees was $69k (29% of expenses). Other salaries and wages came to $88k. At year end it held assets of $389k against liabilities of $5,608, net assets of $383k. It reported 4 employees.