Golden Apple Foundation of Rockford

Analysis

Golden Apple Foundation of Rockford is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Golden Apple Foundation of Rockford reported income of $298k and spending of $232k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $127k to $298k (+135%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 277%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Apple Foundation of Rockford sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include George West Education Foundation Inc ($298k), American Public Transit Foundation ($298k) and Cape Cod Christian Academy ($298k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% of the total. Other salaries and wages came to $89k. At year end it held assets of $569k against liabilities of $12k, net assets of $557k. It reported 2 employees.