Appletree Court

Analysis

Appletree Court is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1946, 80 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Appletree Court reported income of $53k and spending of $128k, spending 243% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $85k to $53k (-38%), an average of -11% a year. The sharpest change came in the year to June 2022, when income dropped by 32%. Over the whole period it spent 170% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Appletree Court sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within AZ. Charities of a similar size with the same main cause include Abcap Housing E Inc ($53k), Isenstadt Legacy House Inc ($53k) and All for Ava ($53k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $604k against liabilities of $159k, net assets of $445k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.