Diseases & Disorders
(G81Z)
IRS Verified
DX Registered
990 on File
PROJECT ANGEL FOOD
Financial strength (30%)
58/100
Reliability (20%)
55/100
Effectiveness (25%)
93/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Project Angel Food, the only non-profit in Los Angeles County providing free home-delivered medically tailored meals and nutritional counseling to individuals medically and financially at risk for malnourishment and starvation, has been pursuing its mission to feed and nourish people faced with the dual challenges of a life-threatening diagnosis and chronic poverty. The people engaged by our service reflect the diversity of Los Angeles County: 78% of our active clients are persons of color; 42% are women; 59% are ages 60 and above; and 98% live below or at the federal poverty level.
Financial Overview — FY 2024
$24.3M
Total Revenue
$29.8M
Total Expenses
$32.6M
Net Assets
109
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.4%
Fundraising Efficiency
2514.8%
Operating Reserve
13.12x
Liability-to-Asset
47.7%
Revenue Diversification
81.9%
Executive Compensation
$433K
Compared with Peers
FY 2024
Compared with 166 similar organizations
(United States, Diseases & Disorders, $10M–$100M 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
|
92.4% | 86.7% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
2.6% | 10.3% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.0% | 0.5% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
2514.8% | 280.6% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
13.1 mo | 7.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
47.7% | 28.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
81.9% | 90.7% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-23.9% | 7.7% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
140.1% | 7.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-23.0% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $24.3M | $29.8M | $32.6M | 92.4% | 109 |
| 2023 | $31.9M | $12.4M | $37.9M | 81.5% | 115 |
| 2022 | $12.2M | $9.5M | $18.8M | 85.7% | 115 |
| 2021 | $26.2M | $7.7M | N/A | — | 94 |
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