Double Angel Inc

Analysis

Double Angel Inc is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Double Angel Inc reported income of $122k and spending of $47k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $122k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 60% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Double Angel Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include Youth Impact Mentoring ($122k), Ownership Is the Future Inc ($122k) and Moxxie Network Foundation Inc ($122k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 36% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.