Apple Grove Homes Inc

Analysis

Apple Grove Homes Inc is a registered charity in United States, based in Lisbon, OH. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2024, Apple Grove Homes Inc reported income of $224k and spending of $293k, spending 131% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $206k to $224k (+8.7%), an average of +2.1% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Apple Grove Homes Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Siler City Housing Corporation ($224k), Carolina Senior Living ($224k) and Duluth Harbor Mission Inc ($224k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. At year end it held assets of $518k against liabilities of $1.0m, net assets of -$510k.