Project Angel Heart is a 501(c)(3) organization based in Denver, Colorado, registered in 1993, with $7,367,939 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$7.4M
▼ 16.6% vs prior year
Community median: $184K
Expenses (FY2023)
$7.5M
Net assets
$10.9M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Project Angel Heart— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Project Angel Heart: 17 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Project Angel Heart— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Project Angel Heart: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $2.5M (FY2013) to $7.4M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-2.1%
Spent more than it raised in the latest fiscal year.
Total assets
$11.8M
Total liabilities
$892K
Net assets
$10.9M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $7,367,939▼16.6% | $7,519,919▲8.4% | $10,889,366▲2.3% | $11,781,592▲3.8% | 990 |
| 2022 | $8,834,009▲17.8% | $6,938,183▲6.1% | $10,647,954▲22.2% | $11,354,773▲17.4% | 990 |
| 2021 | $7,497,401▲15.2% | $6,538,655▲20.7% | $8,711,150▲8.7% | $9,670,651▲13.1% | 990 |
| 2020 | $6,509,921▲17.9% | $5,415,656▲6.9% | $8,012,628▲18.2% | $8,549,323▲12.1% | 990 |
| 2019 | $5,522,401▲15.6% | $5,067,960▲11.9% | $6,777,349▲7.8% | $7,625,427▲11.4% | 990 |
| 2018 | $4,777,766▲24.2% | $4,530,221▲16.9% | $6,284,923▲4.2% | $6,844,711▲5.8% | 990 |
| 2017 | $3,845,874▲16.1% | $3,875,524▲9.8% | $6,030,754▼0.4% | $6,472,404▼1.6% | 990 |
| 2016 | $3,311,143▼3.1% | $3,528,512▲9.9% | $6,055,391▼2.9% | $6,577,303▼6.6% | 990 |
| 2015 | $3,415,888▲18.0% | $3,210,535▲5.0% | $6,234,013▲4.3% | $7,040,463▼1.1% | 990 |
| 2014 | $2,895,185▲14.9% | $3,057,098▲20.5% | $5,975,321▼10.7% | $7,117,450▼12.1% | 990 |
| 2013 | $2,519,172 | $2,536,086▲3.5% | $6,694,196▲1.1% | $8,100,831▼3.9% | 990 |
| 2012 | — | $2,451,326▲19.4% | $6,619,389▲7.1% | $8,425,974▼8.9% | 990 |
| 2011 | — | $2,053,688▲2.0% | $6,181,786▲45.8% | $9,250,025▲60.7% | 990 |
| 2010 | — | $2,012,783 | $4,238,542 | $5,756,332 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
138 grants to Project Angel Heart totaling $8.0M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Kaiser Foundation Health Plan of Colorado | Medically tailored meals expansion | 2024 | $574,000 |
| Colorado Gives Foundation | General purpose, general support, food security | 2024 | $245,378 |
| American Online Giving Foundation Inc | General support | 2024 | $120,681 |
| Denver Foundation | Health support | 2024 | $99,853 |
| Boulder Community Health | To deliver tailored meals to bch patients experiencing food insecurity, meeting their health specific nutritional needs | 2024 | $40,000 |
| American Heart Association Inc | Maternal health programs | 2024 | $25,000 |
| American Endowment Foundation | Community devel | 2024 | $25,000 |
| Columbus Foundation | Social services | 2024 | $20,000 |
| Rose Community Foundation | Food program support, general operating support | 2024 | $18,190 |
| Signatry Charitable Trust | Community development | 2024 | $15,000 |
| Stonier Scholarship Inc | General support to further the organization's purpose. | 2024 | $10,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $8,706 |
| Mile High United Way Inc | Desig | 2024 | $6,911 |
| Mile High United Way Inc | Desig | 2024 | $6,911 |
| Kaiser Foundation Health Plan of Colorado | Medically tailored meals expansion | 2023 | $465,000 |
Explore more
Data for Project Angel Heart (EIN 84-1199481) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.