Angel Charitable Corporation

Analysis

Angel Charitable Corporation is a registered charity in United States, based in Henderson, NV. It received its IRS tax-exemption ruling in March 2022, 4 years ago. 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, Angel Charitable Corporation reported income of $246k and spending of $233k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $246k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Angel Charitable Corporation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within NV. Charities of a similar size with the same main cause include Haws Run Volunteer Fire Department Inc ($246k), Florida Art Education Association ($246k) and PTA California Congress of Parents Teachers & Students Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $9,500 (4.1% of expenses). At year end it held assets of $73k against liabilities of $0, net assets of $73k.