Apple Playschools

Analysis

Apple Playschools is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in June 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 Playschools reported income of $1.7m and spending of $2.1m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.7m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apple Playschools sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within MI. Charities of a similar size with the same main cause include The Scioto Valley Young Mens Christian Association Inc ($1.7m), Seasons Hospice of Muskogee ($1.7m) and My Fathers Arrows Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $708k against liabilities of $667k, net assets of $41k. It reported 69 employees.