Apostolic Encounter Inc

Analysis

Apostolic Encounter Inc is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in September 1975, 51 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, Apostolic Encounter Inc reported income of $99k and spending of $105k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $238k to $99k (-58%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 72%. 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, Apostolic Encounter Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Nepalbaama Foundation ($99k), Williams Place Inc ($99k) and Shorewood Hugs ($99k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $119k against liabilities of $3,892, net assets of $115k.