Aapi of Queens and Long Island Inc

Analysis

Aapi of Queens and Long Island Inc is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in October 2005, 21 years ago. Its declared purposes cover social science, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Aapi of Queens and Long Island Inc reported income of $274k and spending of $261k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $274k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 594%. Over the whole period it spent 70% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Aapi of Queens and Long Island Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include High Point Community Theatre Inc ($274k), Green Mountain Performing Arts Inc ($274k) and Coronado Community Theatre Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.2m against liabilities of -$3,073, net assets of $1.2m.