Apron Inc

Analysis

Apron Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in February 2012, 14 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, Apron Inc reported income of $282k and spending of $215k, leaving 24% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $541k to $282k (-48%), an average of -20% a year. The sharpest change came in the year to December 2021, when income dropped by 58%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apron Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within KY. Charities of a similar size with the same main cause include Mister Cares Foundation ($282k), Haven Homes of Detroit ($282k) and Life Center Milwaukee Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $21k (9.8% of expenses). At year end it held assets of $395k against liabilities of $1,464, net assets of $393k. It reported 1 employees.