The Angel Fund

Analysis

The Angel Fund is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, The Angel Fund reported income of $288k and spending of $302k, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $223k to $288k (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Angel Fund sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MT. Charities of a similar size with the same main cause include Redemption Foundation ($288k), Family Connection Communities in Schools of Berrien County Inc ($288k) and North American South Asian Barassociation Foundation ($288k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $39k (13% of expenses). At year end it held assets of $395k against liabilities of $2,744, net assets of $392k. It reported 2 employees.