Friends of Apache Junction

Analysis

Friends of Apache Junction is a registered charity in United States, based in Apache JCT, AZ. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Apache Junction reported income of $193k and spending of $132k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $102k to $193k (+90%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 102%. Over the whole period it spent 70% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Friends of Apache Junction sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within AZ. Charities of a similar size with the same main cause include Rebuilding Together Central Alabama ($193k), The Citizens Association of Palm Beach Inc ($193k) and Friends of the Long Beach Firefighters ($193k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $466k against liabilities of $0, net assets of $466k.