Apple Tree Kids

Analysis

Apple Tree Kids is a registered charity in United States, based in Chesapeake, VA. It received its IRS tax-exemption ruling in October 2010, 16 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 Tree Kids reported income of $4.4m and spending of $4.7m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.9m to $4.4m (-9.6%), an average of -2.5% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apple Tree Kids sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Golden Key Center for Exceptionalchildren Inc ($4.4m), Area Agency on Aging of Southwest Arkansas Inc ($4.4m) and Catholic Residential Services ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $282k (6.0% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $1.7m against liabilities of $875k, net assets of $805k.