Apmi International

Analysis

Apmi International is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in April 1978, 48 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Apmi International reported income of $242k and spending of $213k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $275k to $242k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Apmi International sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 64th percentile within NJ. Charities of a similar size with the same main cause include Building & Trades Projects Inc ($242k), Squirrel Hill Urban Coalition Inc ($242k) and Highlands Business Partnership Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $24k (11% of expenses). At year end it held assets of $369k against liabilities of $83k, net assets of $285k.