Apple Daycare Inc

Analysis

Apple Daycare Inc is a registered charity in United States, based in Sheffield, IA. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Apple Daycare Inc reported income of $247k and spending of $223k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $217k to $247k (+14%), an average of +6.7% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apple Daycare Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within IA. Charities of a similar size with the same main cause include Harlem Pride Incorporated ($247k), Caldwell Veterans Council Inc ($247k) and Amarillo Area Mental Health Consumers ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 77% of the total. Other salaries and wages came to $137k. At year end it held assets of $74k against liabilities of $8,064, net assets of $66k. It reported 22 employees.