Aaap Foundation Inc

Analysis

Aaap Foundation Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in July 1989, 37 years ago. 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 April 2024, Aaap Foundation Inc reported income of $161k and spending of $135k, spending 84% of its income. Across the 6 years on record, from April 2019 to April 2024, income fell from $204k to $161k (-21%), an average of -4.6% a year. The sharpest change came in the year to April 2023, when income rose by 82%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aaap Foundation Inc 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 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include W W Wannamaker Citadel Star of the West Ma ($161k), West Springfield Crew Boosters Club Inc ($161k) and New England Rugby Football Union Referees Society Inc ($161k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 67% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.