Angel of Edgewood Inc

Analysis

Angel of Edgewood Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, 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 2022, Angel of Edgewood Inc reported income of $128k and spending of $124k, spending 97% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $103k to $128k (+23%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angel of Edgewood Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include Oak View Parent Teacher Organization ($128k), Bokitas Foundation Inc ($128k) and Alamito Foundation ($128k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $7,166 against liabilities of $0, net assets of $7,166.