Apple Grove Homes II Inc

Analysis

Apple Grove Homes II Inc is a registered charity in United States, based in Lisbon, OH. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Apple Grove Homes II Inc reported income of $104k and spending of $114k, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $89k to $104k (+17%), an average of +4.1% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Apple Grove Homes II Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Handmaiden House ($104k), F W Residential Properties Inc ($104k) and Louisa Muscatine Athletic Booster Club Inc ($104k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 96% of the total. At year end it held assets of $601k against liabilities of $862k, net assets of -$261k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.