Apple Patch Community Inc

Analysis

Apple Patch Community Inc is a registered charity in United States, based in Crestwood, KY. It received its IRS tax-exemption ruling in August 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Apple Patch Community Inc reported income of $9.1m and spending of $8.3m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.9m to $9.1m (+1.7%), an average of +0.4% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apple Patch Community Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within KY. Charities of a similar size with the same main cause include Friendly House Inc ($9.1m), Todec Legal Center Perris ($9.1m) and Community Service Council of Greater Tulsa ($9.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.2% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $137k (1.7% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $9.0m against liabilities of $811k, net assets of $8.2m. It reported 190 employees.