Assembly of God Apple Tree Church

Analysis

Assembly of God Apple Tree Church is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in August 1964, 62 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Assembly of God Apple Tree Church reported income of $350k and spending of $244k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $244k to $350k (+44%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Assembly of God Apple Tree Church sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within AZ. Charities of a similar size with the same main cause include Arc Foundation of Somerset County Inc ($350k), Madison County Arts Council ($350k) and Mountain View Mennonite School ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (22% of expenses). At year end it held assets of $630k against liabilities of $1,293, net assets of $629k. It reported 1 employees.