Izzys Angels Inc

Analysis

Izzys Angels Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in May 2021, 5 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, Izzys Angels Inc reported income of $61k and spending of $68k, spending 111% of what it took in. Across the 2 years on record, from December 2021 to December 2023, income fell from $231k to $61k (-74%), an average of -74% a year. The sharpest change came in the year to December 2023, when income dropped by 74%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Izzys Angels Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within MD. Charities of a similar size with the same main cause include American Family Charities Inc ($61k), Southeastern Wisconsin Deaf Senior Citizen ($61k) and Detroit Tigers Foundation of Florida Inc ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $52k. At year end it held assets of $0 against liabilities of $0, net assets of $0.