Adams Angels

Analysis

Adams Angels is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in March 2022, 4 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 June 2023, Adams Angels reported income of $55k and spending of $51k, spending 94% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $20k to $55k (+169%), an average of +170% a year. The sharpest change came in the year to June 2023, when income rose by 169%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adams Angels sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include The Be the People Project ($55k), Feeding Pascos Elderly Inc ($55k) and Fundacion Hogar de LA Misericordia Inc ($55k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.