Ryans Angels Ltd

Analysis

Ryans Angels Ltd is a registered charity in United States, based in Lake Ariel, PA. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Ryans Angels Ltd reported income of $53k and spending of $71k, spending 135% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $28k to $53k (+90%), an average of +38% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ryans Angels Ltd sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Spaulding Hockey Boosters ($53k), State Association of Young Farmers of Texas ($53k) and Clearfield Soccer Association Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.1% and program service revenue 93% of the total. At year end it held assets of $11k against liabilities of $10k, net assets of $777.