Angel Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,666,905 | 2,444,894 | 222,011 | 17.9 | 37% |
| 2021 | 2,858,549 | 2,411,291 | 447,258 | 21.0 | 36% |
| 2022 | 2,977,066 | 2,751,885 | 225,181 | 16.6 | 38% |
| 2023 | 3,160,059 | 3,159,199 | 860 | 15.4 | 36% |
In its most recent public year (2023), this organization brought in $860 more than it spent. Its reserves stood at about 15.4 months of spending, down from 17.9 in 2020. Staff pay was 36% of spending. $632,125 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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