The Apawamis Foundation

Analysis

The Apawamis Foundation is a registered charity in United States, based in Rye, NY. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 October 2023, The Apawamis Foundation reported income of $145k and spending of $90k, leaving 38% of income unspent that year. Across the 2 years on record, from October 2022 to October 2023, income fell from $172k to $145k (-16%), an average of -16% a year. The sharpest change came in the year to October 2023, when income dropped by 16%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Apawamis Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Sky Crossing Elementary PTO Inc ($145k), Picaso Inc ($145k) and Leadership Forsyth Inc ($145k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $398k against liabilities of $545, net assets of $397k.