Angel Baskets

Analysis

Angel Baskets is a registered charity in United States, based in Telluride, CO. It received its IRS tax-exemption ruling in March 2005, 21 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, Angel Baskets reported income of $199k and spending of $287k, spending 144% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $502k to $199k (-60%), an average of -26% a year. The sharpest change came in the year to December 2021, when income dropped by 59%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Angel Baskets sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 50th percentile within CO. Charities of a similar size with the same main cause include Beyond the Basics Inc ($199k), Nachamu Foundation Inc ($199k) and Plainfield Center for Islamicenlightement Inc ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $469k against liabilities of $0, net assets of $469k.