Apple Springs Senior Citizens Inc

Analysis

Apple Springs Senior Citizens Inc is a registered charity in United States, based in Apple Springs, TX. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Springs Senior Citizens Inc reported income of $92k and spending of $68k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $92k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apple Springs Senior Citizens Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Bridging Grace ($92k), Miracle League of Western Massachusetts ($92k) and Mitchell County Children and Youth Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.