Apple Farm Community Inc
Analysis
Apple Farm Community Inc is a registered charity in United States, based in Three Rivers, MI. It received its IRS tax-exemption ruling in April 1965, 61 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 August 2023, Apple Farm Community Inc reported income of $223k and spending of $113k, leaving 49% of income unspent that year. Across the 2 years on record, from August 2022 to August 2023, income grew from $120k to $223k (+86%), an average of +86% a year. The sharpest change came in the year to August 2023, when income rose by 86%. Over the whole period it spent 78% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apple Farm Community Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within MI. Charities of a similar size with the same main cause include Evergreen Land Trust Association ($223k), Loft School of Marion Inc ($223k) and Salt Lake Civil Network ($223k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $47k. At year end it held assets of $397k against liabilities of $5,907, net assets of $391k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Other 6.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Evergreen Land Trust Association | Deming | $223k |
| Loft School of Marion Inc | Marion | $223k |
| Salt Lake Civil Network | Salt Lake Cty | $223k |
| Wythe County Historical Society | Wytheville | $223k |