Asian Pacific American Leadership Foundation

Analysis

Asian Pacific American Leadership Foundation is a registered charity in United States, based in Sherman Oaks, CA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, 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, Asian Pacific American Leadership Foundation reported income of $707k and spending of $700k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $759k to $707k (-6.8%), an average of -1.8% a year. The sharpest change came in the year to December 2023, when income rose by 106%. Over the whole period it spent 121% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Asian Pacific American Leadership Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Community Circle Theatre Inc ($707k), Carriage Association of America Inc ($707k) and Sacramento Mens Chorus ($707k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $244k (35% of expenses). Other salaries and wages came to $14k. At year end it held assets of $402k against liabilities of $3,544, net assets of $398k. It reported 3 employees.