International Association for Pattern Recognition Incorporated

Analysis

International Association for Pattern Recognition Incorporated is a registered charity in United States, based in Cedar Knolls, NJ. It received its IRS tax-exemption ruling in December 1979, 47 years ago. 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 2024, International Association for Pattern Recognition Incorporated reported income of $56k and spending of $58k, spending 103% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $114k to $56k (-51%), an average of -21% a year. The sharpest change came in the year to June 2023, when income rose by 134%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International Association for Pattern Recognition Incorporated 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 22nd percentile, and in the 29th percentile within NJ. Charities of a similar size with the same main cause include Public Property Financing Corporation of California ($56k), PTA New Jersey Congress of Parents & Teachers ($56k) and Belle Vernon Library Association ($56k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 63% of the total. At year end it held assets of $563k against liabilities of $0, net assets of $563k.