Apple Core Project Inc

Analysis

Apple Core Project Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover food, agriculture and nutrition, 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 Core Project Inc reported income of $56k and spending of $33k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $56k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apple Core Project Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Fashioned in His Image Total Womens Center Inc ($56k), Prospect Hill Community Foundation Inc ($56k) and Duanes Helpers ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.