Appletree Educational Center

Analysis

Appletree Educational Center is a registered charity in United States, based in T or C, NM. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Appletree Educational Center reported income of $2.9m and spending of $2.6m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.9m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Appletree Educational Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NM. Charities of a similar size with the same main cause include Oakton Community College Educational Foundation ($2.9m), Village School ($2.9m) and Concordia Christian Academy ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $121k (4.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.6m against liabilities of $125k, net assets of $2.5m. It reported 60 employees.