Apmi International Inc

Analysis

Apmi International Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in April 1978, 48 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 2023, Apmi International Inc reported income of $51k and spending of $31k, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $40k to $51k (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2023, when income rose by 1688%. Over the whole period it spent 107% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Apmi International Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 26th percentile within NJ. Charities of a similar size with the same main cause include Morrisville Innovation Foundation ($51k), Regional Economic Development Investments Inc ($51k) and Rimta Foundation ($51k).

At year end it held assets of $36k against liabilities of $0, net assets of $36k.