Apostolic Christian Home

Analysis

Apostolic Christian Home is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in October 1942, 84 years ago. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending December 2023, Apostolic Christian Home reported income of $12.2m and spending of $11.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $12.2m (+47%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 37%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apostolic Christian Home sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IL. Charities of a similar size with the same main cause include East Central Il Community Action Agency ($12.2m), Young Mens Christian Association of West Central Florida Inc ($12.2m) and Cape Cod Young Mens Christian Association Inc ($12.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $307k (2.7% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $14.2m against liabilities of $2.8m, net assets of $11.4m. It reported 361 employees.