Angel Group Agency

Analysis

Angel Group Agency is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Group Agency reported income of $930k and spending of $901k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $260k to $930k (+258%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angel Group Agency 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 78th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include National Center of Afro American Artists Inc ($930k), Marion-Crawford Prevention Programs ($930k) and Coastal Foodshed Inc ($930k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $75k against liabilities of $1,395, net assets of $73k.