Apple Tree

Analysis

Apple Tree is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 1967, 59 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, Apple Tree reported income of $521k and spending of $578k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $476k to $521k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apple Tree sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OH. Charities of a similar size with the same main cause include A Farm Less Ordinary ($521k), People Pantry Inc ($521k) and South End Community Outreach Ministries Secom ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $374k. At year end it held assets of $174k against liabilities of $0, net assets of $174k. It reported 14 employees.