Apollo Educational Foundation

Analysis

Apollo Educational Foundation is a registered charity in United States, based in Cridersville, OH. It received its IRS tax-exemption ruling in December 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Apollo Educational Foundation reported income of $139k and spending of $68k, leaving 51% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $68k to $139k (+103%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 591%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apollo Educational Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Amvets Service Foundation of New Jersey ($139k), Golden Homes Non-Profit Corporation ($139k) and Westl Michigan Premier FC ($139k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% of the total. At year end it held assets of $670k against liabilities of $0, net assets of $670k.