Apple Tree Center Inc

Analysis

Apple Tree Center Inc is a registered charity in United States, based in Kendallville, IN. It received its IRS tax-exemption ruling in March 2020, 6 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, Apple Tree Center Inc reported income of $414k and spending of $208k, leaving 50% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $235k to $414k (+77%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 105%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Apple Tree Center Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include A Moment of Hope ($414k), Torah Learning Project Inc ($414k) and Putnam Radio Ministries ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $87k (42% of expenses). Other salaries and wages came to $50k. It paid $7,775 in professional fundraising fees. At year end it held assets of $269k against liabilities of $3,294, net assets of $266k. It reported 20 employees.