Angels of Long Island Inc

Analysis

Angels of Long Island Inc is a registered charity in United States, based in Patchogue, NY. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 Long Island Inc reported income of $582k and spending of $756k, spending 130% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $184k to $582k (+216%), an average of +47% a year. The sharpest change came in the year to December 2020, when income rose by 350%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Angels of Long Island Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Trident Literacy Association Inc ($582k), Habitat for Humanity-Coosa Valley Inc ($582k) and Mondays at Racine Inc ($581k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $70k (9.2% of expenses). Other salaries and wages came to $117k. At year end it held assets of $393k against liabilities of $335k, net assets of $57k. It reported 9 employees.