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North Carolina · Nonprofit

HOLY ANGELS FOUNDATION INC

HOLY ANGELS FOUNDATION INC (North Carolina) receives grants from 33 organizations whose IRS filings report $1,465,958 to it, the largest being Lamb Foundation of NC Inc ($346,428). 21 of them have funded it in more than one year.

Revenue FY2025
$8.9M
Funders on record
33
Grants received
$1.5M
Net assets
$39M
21/33 repeat funderspeak grant-dependency 6%
01What it does

What Holy Angels Foundation Inc does

Mission

Funding, fundraising, and administrative support provided to or on behalf of holy angels, inc. For comprehensive residential services and medical care to individuals with developmental disabilities.

As stated on its FY2025 Form 990.

Program

  1. Funding, fundraising, and administrative support provided to or on behalf of holy angels, inc. For comprehensive residential services and medical care to individuals with developmental disabilities.

    $4,605,559 spentof which $4,605,559 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,605,559.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.0M) Expenses 100 ($2.0M) Net assets 100 ($20M)2018 Revenue 111 ($3.3M) Expenses 98 ($2.0M) Net assets 106 ($21M)2019 Revenue 190 ($5.7M) Expenses 148 ($3.0M) Net assets 119 ($24M)2020 Revenue 82 ($2.5M) Expenses 175 ($3.5M) Net assets 113 ($23M)2021 Revenue 181 ($5.4M) Expenses 143 ($2.9M) Net assets 145 ($29M)2022 Revenue 219 ($6.6M) Expenses 128 ($2.6M) Net assets 143 ($29M)2023 Revenue 229 ($6.9M) Expenses 153 ($3.1M) Net assets 160 ($32M)2024 Revenue 168 ($5.1M) Expenses 133 ($2.7M) Net assets 180 ($36M)2025 Revenue 296 ($8.9M) Expenses 285 ($5.7M) Net assets 194 ($39M)
'17'18'19'20'21'22'23'24'25
Revenue (296)Expenses (285)Net assets (194)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $23M to $29M (+28%).

$20M
$21M
$24M
$23M
$29M
$29M
$32M
$36M
$39M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

63% of HOLY ANGELS FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (90% for the typical peer).

This organization
Typical peer · 2,744 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$997k
’17
$1.4M
’18
$2.7M
’19
−$1.0M
’20
$2.6M
’21
$4.0M
’22
$3.8M
’23
$2.4M
’24
$3.2M
’25
4.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kerri C Massey

CEO & president

Board chair

Kaye Mcgarry

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24'25
Listed222222252519212120
Joined·+2+0+7+5+4+7+0+3
No longer listed·204510504
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 15 funders, grant income rose $75k → $213k.

16 of 33 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 39% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $410k from one payer (the payer shares this organization's board, largest Holy Angels Inc). These are real filings, and they are not money HOLY ANGELS FOUNDATION INC raised.

From the IRS filings of HOLY ANGELS FOUNDATION INC’s funders (the co-funder graph). Top 30 of 33 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HOLY ANGELS FOUNDATION INC has a broad base — no single funder exceeds 24% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

68% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HOLY ANGELS FOUNDATION INC.

24%
largest funder
44%
top three
~10
effective funders

Largest funder’s share by year: 2017 76% · 2018 69% · 2019 44% · 2020 36% · 2021 28% · 2022 28% · 2023 23% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

42% of HOLY ANGELS FOUNDATION INC's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

68% of HOLY ANGELS FOUNDATION INC's grant income comes from North Carolina funders.

IL
NY
PA
NJ
CT
RI
CA
CO
NC
SC
GA

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $564k arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HOLY ANGELS FOUNDATION INC runs a healthier operating margin than three-quarters of the 1,325 religion nonprofits its size.

Operating margin36% · top quartile
Months of reserve4.0mo · above the median
Revenue growth (annualized)15% · above the median

this organization peer median middle 50% of peers· 1,325 religion nonprofits $1M–$10M, FY2025

Organizations like HOLY ANGELS FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 5%Fundraising 14%

Governance

15
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

70%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NC

Part of a family of 5 related entities

  • Ha Properties LLC · disregarded
  • Holy Angels Services Inc · exempt
  • Holy Angels Inc · exempt
  • Sisters of Mercy of North Carolina Foundation · exempt
  • Sisters of Mercy of the Americas South Central Community · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HOLY ANGELS FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HOLY ANGELS FOUNDATION INC?
HOLY ANGELS FOUNDATION INC (North Carolina) receives grants from 33 organizations whose IRS filings report $1,465,958 to it, the largest being Lamb Foundation of NC Inc ($346,428). 21 of them have funded it in more than one year.
How many funders does HOLY ANGELS FOUNDATION INC have?
IRS filings report 33 organizations giving $1,465,958 in grants to HOLY ANGELS FOUNDATION INC, 21 of which have funded it in more than one year.
Who is the largest funder of HOLY ANGELS FOUNDATION INC?
Lamb Foundation of NC Inc is the largest funder on record, with $346,428 in grants. The full list of funders is on this page.
How can an organization like HOLY ANGELS FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 33 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing