Little Elm Angels Foundation

Analysis

Little Elm Angels Foundation is a registered charity in United States, based in Little Elm, TX. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Little Elm Angels Foundation reported income of $117k and spending of $88k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $106k to $117k (+10.0%), an average of +10% a year. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Little Elm Angels Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Talujon Inc ($117k), Punxsutawney Weather Center Inc ($117k) and Washington Friends of Music Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.