Angel Resource Connection

Analysis

Angel Resource Connection is a registered charity in United States, based in Lake Stevens, WA. It received its IRS tax-exemption ruling in September 2017, 9 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 December 2023, Angel Resource Connection reported income of $149k and spending of $132k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $149k (+13%), an average of +13% a year. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angel Resource Connection sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include Serve Ethiopians Washington ($149k), Changes of Choice Inc ($149k) and Bridges to Recovery ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $36k against liabilities of $2,556, net assets of $33k.