Apologetics Inc
Analysis
Apologetics Inc is a registered charity in United States, based in Trinity, FL. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Apologetics Inc reported income of $613k and spending of $526k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $356k to $613k (+72%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 92% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Apologetics Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Grace Force ($613k), Chassidus in English Inc ($613k) and Crossroads Community International Fellowship Inc ($613k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 19% of the total. Compensation of current officers, directors and key employees was $115k (22% of expenses). Other salaries and wages came to $279k. At year end it held assets of $276k against liabilities of $13k, net assets of $263k. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 80%
- Program services 19%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grace Force | Riverside | $613k |
| Chassidus in English Inc | Brooklyn | $613k |
| Crossroads Community International Fellowship Inc | Manchester | $613k |
| Fortify Your Faith Foundation Inc | Jackson | $613k |