Touched by an Angel Inc

Analysis

Touched by an Angel Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Touched by an Angel Inc reported income of $478k and spending of $422k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $316k to $478k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Touched by an Angel Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Restore Hope ($478k), Parkinson Council ($478k) and Ccclinic Inc ($478k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $118k (28% of expenses). Other salaries and wages came to $186k. At year end it held assets of $56k against liabilities of $0, net assets of $56k. It reported 8 employees.