The Apple Valley Community Resource Foundation

Analysis

The Apple Valley Community Resource Foundation is a registered charity in United States, based in Apple Valley, CA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2024, The Apple Valley Community Resource Foundation reported income of $124k and spending of $83k, leaving 33% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $186k to $124k (-33%), an average of -18% a year. The sharpest change came in the year to June 2024, when income dropped by 56%. Over the whole period it spent 50% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Apple Valley Community Resource Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include The Main Street Gentry Association ($124k), New Galilee Community Foundation ($124k) and Summit Impact a Nonprofit Corporation ($124k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $519k against liabilities of $1,766, net assets of $517k.