Angels of Charity and Music

Analysis

Angels of Charity and Music is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in March 2012, 14 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 (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, Angels of Charity and Music reported income of $315k and spending of $45k, leaving 86% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $221k to $315k (+43%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 195%. Over the whole period it spent 14% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Angels of Charity and Music sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Landweb Inc ($315k), Philanthrofilms ($315k) and Endicott Performing Arts Center Inc ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.2m against liabilities of $11k, net assets of $1.2m.