Apelah Inc

Analysis

Apelah Inc is a registered charity in United States, based in Ridgeland, MS. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Apelah Inc reported income of $2.5m and spending of $3.2m, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.8m to $2.5m (-35%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apelah Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within MS. Charities of a similar size with the same main cause include Foundation for Financial Planning Inc ($2.5m), United Methodist City Society ($2.5m) and Community Alliance for the Homeless Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 61% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $7.6m against liabilities of $107k, net assets of $7.5m. It reported 56 employees.