Angels of Hope Outreach Ministries

Analysis

Angels of Hope Outreach Ministries is a registered charity in United States, based in Fort Pierce, FL. It received its IRS tax-exemption ruling in February 2016, 10 years ago. 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 Hope Outreach Ministries reported income of $104k and spending of $36k, leaving 65% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $104k (+11%), an average of +11% a year. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Angels of Hope Outreach Ministries sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include PTA Texas Congress ($104k), 100 Club of Wharton County Inc ($104k) and Locust Volunteer Fire Department ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $370k against liabilities of $0, net assets of $370k.