Angel Program Fund

Analysis

Angel Program Fund is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 2016, 10 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 December 2023, Angel Program Fund reported income of $83k and spending of $65k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $111k to $83k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Angel Program Fund sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within TN. Charities of a similar size with the same main cause include Fund for Human Possibility ($83k), Academic Alternative Education Inc ($83k) and American College of Veterinary Microbiologists ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 110% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.