Angels of Love

Analysis

Angels of Love is a registered charity in United States, based in McAllen, TX. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Angels of Love reported income of $150k and spending of $96k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $90k to $150k (+67%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 304%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angels of Love sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within TX. Charities of a similar size with the same main cause include Frank Shelton Global Inc ($150k), Malley Farm for Women ($150k) and Central Vermont Pregnancy Services Inc ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $182k against liabilities of $104k, net assets of $78k.