Asia-Pacific International University Foundation

Analysis

Asia-Pacific International University Foundation is a registered charity in United States, based in LK Junaluska, NC. It received its IRS tax-exemption ruling in July 2006, 20 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Asia-Pacific International University Foundation reported income of $613k and spending of $613k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $178k to $613k (+244%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 117%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Asia-Pacific International University Foundation sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Lexington Symphony Inc ($613k), Secure Benefit Services Inc ($613k) and Wake for Warriors Inc ($613k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $50k, net assets of -$1,943.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.