Asian Pacific American Medical Students Association Incorporated

Analysis

Asian Pacific American Medical Students Association Incorporated is a registered charity in United States, based in Huntingtn BCH, CA. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Asian Pacific American Medical Students Association Incorporated reported income of $119k and spending of $114k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $119k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asian Pacific American Medical Students Association Incorporated sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Cook County Farm Bureau Foundation ($119k), New Jersey Parents Caucus Inc ($119k) and Shelter From the Rain ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $270k against liabilities of $8,897, net assets of $261k.