Foundation of the Holy Apostles Inc

Analysis

Foundation of the Holy Apostles Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in January 1990, 36 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Foundation of the Holy Apostles Inc reported income of $61k and spending of $1.7m, spending 2730% of what it took in. The sharpest change came in the year to December 2023, when income rose by 110%. Over the whole period it spent 528% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundation of the Holy Apostles Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within GA. Charities of a similar size with the same main cause include Phelps County Ministerial Association ($61k), Gessie Church Incorporated ($61k) and Riverstone Ministry Group ($61k).

At year end it held assets of $27.9m against liabilities of $0, net assets of $27.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.