Aaple Academy Foundation

Analysis

Aaple Academy Foundation is a registered charity in United States, based in Santa Barbara, CA. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Aaple Academy Foundation reported income of $477k and spending of $434k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $330k to $477k (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2022, when income rose by 68%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aaple Academy Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include USA Swimming Inc ($476k), Wabash Valley College Foundation ($477k) and New Mexico Society of C P a S FDN for Education & Research ($476k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $24k. At year end it held assets of $289k against liabilities of $0, net assets of $289k. It reported 1 employees.