Apple Ridge Farm Incorporated

Analysis

Apple Ridge Farm Incorporated is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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 Ridge Farm Incorporated reported income of $561k and spending of $573k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $600k to $561k (-6.6%), an average of -1.7% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apple Ridge Farm Incorporated sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within VA. Charities of a similar size with the same main cause include Heritage Plantation of Sandwich Fund ($560k), Mt Hood Swim Team ($561k) and Education for All Co ($560k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $67k (12% of expenses). Other salaries and wages came to $198k. At year end it held assets of $1.9m against liabilities of $153k, net assets of $1.8m. It reported 27 employees.