XReligion-RelatedEIN: 561624795· Ruling Year: 1989

Angel Ministries

Raleigh, North Carolina

A-Health Score
83A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$14.8M
Total Revenue
📊
$1.3M
Total Expenses
🏦
$18.4M
Net Assets
📋
$67K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1160.7%
Year-over-year change (2022 → 2023)
Net Margin
+91.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
14.44
Net assets divided by total expenses
Liabilities-to-Assets
0.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$14,755,7111161%$1,274,7416%$18,475,389295%
2022$1,170,41412%$1,205,283$4,674,5326%
2021$1,328,66422%$1,206,39916%$4,978,4189%
2020$1,087,5692%$1,043,9602%$4,552,4525%
2019$1,061,6618%$1,023,13915%$4,346,4846%
2018$1,149,4648%$1,208,44113%$4,087,2116%
2017$1,060,6046%$1,073,8334%$4,361,4931%
2016$1,126,4596%$1,035,8258%$4,321,4454%
2015$1,201,62636%$955,56915%$4,173,0894%
2014$886,21922%$1,118,35717%$4,016,3874%
2013$1,136,96118%$1,341,78515%$4,192,2892%
2012$1,393,54652%$1,578,74036%$4,286,0746%
2011$915,327$1,158,367$4,562,104

Frequently Asked Questions

What does Angel Ministries do?

Angel Ministries is a religion-related nonprofit organization based in North Carolina. It is classified under NTEE code X20Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Angel Ministries financially healthy?

Based on our 9-metric Financial Health Score model, Angel Ministries has a score of 83/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Angel Ministries generate?

Angel Ministries reports $1.8M in annual revenue and holds $19.3M in total assets, based on IRS filings.

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