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Apologetics Inc

RegisteredEIN 59-3704883Trinity, FLReligion
Income$613k2023-12
Spending$526ksame year
Spent / received92%5-year average
Size in its cause86th pctReligion
Exempt since2002Publicly supported organisat
Employees10latest return

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

$0$153k$306k$460k$613k2019 Income: $356,0352019 Spending: $280,57620192020 Income: $328,2372020 Spending: $343,26720202021 Income: $412,9212021 Spending: $396,13820212022 Income: $422,4342022 Spending: $423,51020222023 Income: $612,9052023 Spending: $525,9982023
IncomeSpending

Where the income comes from

  • Contributions & grants 80%
  • Program services 19%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
Grace ForceRiverside$613k
Chassidus in English IncBrooklyn$613k
Crossroads Community International Fellowship IncManchester$613k
Fortify Your Faith Foundation IncJackson$613k