Street Angels Inc

Analysis

Street Angels Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Street Angels Inc reported income of $944k and spending of $796k, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $232k to $944k (+307%), an average of +42% a year. The sharpest change came in the year to June 2020, when income rose by 108%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Street Angels Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within WI. Charities of a similar size with the same main cause include Foundation for Essential Needs ($944k), Valued Kids ($944k) and Temech Inc ($944k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $135k (17% of expenses). Other salaries and wages came to $82k. At year end it held assets of $803k against liabilities of $18k, net assets of $786k. It reported 15 employees.