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Holy Angels

Belmont, NC · EIN 51-0230406 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Holy Angels reported $11.7 million in revenue and $11.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $72.11 went to program services, $27.89 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 88.0% of the total. The highest compensation it reported for one person was $273,375 (CEO & PRESIDENT). 4 people received more than $100,000 in reportable compensation. Revenue rose 40% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
72.1%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
27.9%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
11.9%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
3.9%3.8%
Program service revenue share
Part VIII 2g ÷ 12
88.0%58.9%
Highest reported compensation
Part VII-A, columns D–F
$273,375$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.45%1.38%
People paid over $100,000
Part VII, line 2
46
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
9.16.8
Independent voting board members
Part VI 1a–1b
15 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$6.4M expenses · 79.2% of program spending · revenue $8.6M

Holy Angels inc. Offers programs and services for children and adults with varying degrees of intellectual developmental disabilities and delicate medical conditions. Holy Angels' residential program service accomplishments have had increased growth specifically in medical and dental services due to the complexity of the disabilities of the individuals served. We continue to expand other day programs and services in effort to serve more clients within the community while offering a larger array of more diverse services

$1.7M expenses · 20.8% of program spending · revenue $1.7M

In furtherance of its charitable mission and the charitable mission of its related entities, Holy Angels, inc. Provides administrative services for Holy Angels services, inc. And Holy Angels foundation

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO & PRESIDENT
Officer, 10.00 hrs/week
$251,520$0$21,855$273,375
TREASURER / CFO
Officer, 10.00 hrs/week
$224,445$0$19,600$244,045
EXECUTIVE VP/COO
Officer, 10.00 hrs/week
$167,015$0$15,206$182,221
PRESIDENT EMERITUS
Former, 6.00 hrs/week
$159,538$0$16,796$176,334
EXECUTIVE SECRETARY
Officer, 10.00 hrs/week
$82,088$0$13,178$95,266

4 people received more than $100,000 in reportable compensation from Holy Angels (Part VII, line 2). Compensation of current officers, directors and key employees totaled $795K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$12M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$11M72.1%$8.4M$273,375
FY2024 ⓘ$11M$11M72.0%$7.9M$285,147
FY2023 ⓘ$11M$9.6M70.0%$7.9M$423,317
FY2022 ⓘ$9.3M$10M71.9%$7.0M$392,337
FY2021 ⓘ$14M$8.9M68.6%$5.8M$395,735
FY2020 ⓘ$8.3M$8.9M73.9%$910K$352,929

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5539
  • Volunteers Part I, line 6109

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SOUTHSIDE CONSTRUCTORS
Construction pay application
$5,060,449
MCKESSON MEDICAL-SURGICAL
Medical supplies
$617,835
DIVISION OF HEALTH AND HUMAN SERVICES
Icf assessment fees
$493,076
US FOODS INC
Food supplies
$364,959
GUARDIAN PROTECTION SERVICE INC
Fire and burglar services
$276,025

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Holy Angels totaling $11,125 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Holy Angels's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Holy Angels, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in North Carolina

Questions people ask

How much of Holy Angels's spending goes to programs?

In the fiscal year ending June 30, 2025, Holy Angels reported that 72.1% of its $11.1 million in expenses went to program services, 27.9% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Holy Angels pay its top executive?

The largest total compensation Holy Angels reported for one person in the fiscal year ending June 30, 2025 was $273,375, for the role of CEO & PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Holy Angels get its money?

Of $11.7 million in revenue in the fiscal year ending June 30, 2025, 11.9% came from contributions and grants (including 3.9% from government grants) and 88.0% from program service revenue (Form 990, Part VIII).

Is Holy Angels a registered charity?

The IRS lists EIN 51-0230406 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202543039349300444 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433189349302578 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202303119349302040 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202243559349301109 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103179349302760 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202003499349301500 · read the filing

All filings for EIN 51-0230406: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.