Charity Search / MYRAS ANGELS
Public & Societal Benefit (W99) IRS Verified DX Registered 990 on File

MYRAS ANGELS

EIN: 81-3437167 · WAKE FOREST, NC 27587-4512 · United States · FY 2024 Data
4 out of 5 71 / 100 Based on 2+ years of filings
Financial strength (30%) 84/100
Reliability (20%) 45/100
Effectiveness (25%) 78/100
Impact (25%) 70/100
Financial data: FY 2024 · Scored 9/13/2026
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Mission Statement

Myra's Angels Foundation (MAF) is a 501 (c)(3) non-profit organization whose mission is to ensure that homeless children and foster children in transition are provided the best opportunity to stay focused and productive in life. Too often foster and homeless youth in transition move from home to home carrying scant belongings in a trash bag. Our mission and goal is to help ease the emotional and psychological stress experienced by these children by providing immediate, essential items in the form of back packs filled with personal care items such as toiletries, blankets, clothing and comfort items.

Financial Overview — FY 2024
$80K
Total Revenue
$52K
Total Expenses
$71K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 83.5%
Fundraising Efficiency 39.4%
Operating Reserve 16.52x
Liability-to-Asset N/A
Revenue Diversification 67.1%
Compared with Peers
FY 2024
Compared with 2,060 similar organizations (United States, Public & Societal Benefit, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
83.5% 81.6%
P10P90
Above median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
39.4% 44.1%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
16.5 mo 14.7 mo
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
67.1% 100.0%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
111.5% 0.0%
P10P90
Expense growth
Year over year expense growth
26.3% 0.1%
P10P90
Surplus margin
Surplus as a share of revenue
35.3% 14.7%
P10P90
Impact
1 program
Outcome / Program People Served Cost / Service # Completed Duration
500 350 $50.00 Per Week
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $80K $52K $71K 83.5%
2023 $38K $41K $43K 85.3%
2022 $37K $20K $46K 100.0%
2021 $14K $10K N/A 0
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Organization Details
EIN
81-3437167
State
NC
City
WAKE FOREST
ZIP
27587-4512
Classification
W99
Category
Public & Societal Benefit
Rating
4★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2017
Foundation Code
16
Form 990
On File
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