Angel Charity for Children Inc

Analysis

Angel Charity for Children Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 1984, 42 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 January 2024, Angel Charity for Children Inc reported income of $1.7m and spending of $1.9m, spending 117% of what it took in. Across the 6 years on record, from March 2019 to January 2024, income grew from $1.3m to $1.7m (+26%), an average of +4.8% a year. The sharpest change came in the year to January 2022, when income rose by 176%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angel Charity for Children Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include Wonders & Worries Inc ($1.7m), H a N D S of Wyoming County ($1.7m) and New Covenant Community Development Corp ($1.7m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $4.9m against liabilities of $1.1m, net assets of $3.8m.