Aapl Educational Foundation Inc

Analysis

Aapl Educational Foundation Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in January 1973, 53 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 2023, Aapl Educational Foundation Inc reported income of $117k and spending of $289k, spending 247% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $275k to $117k (-57%), an average of -19% a year. The sharpest change came in the year to June 2021, when income rose by 1386%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aapl Educational Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include National Association of Negro Busin Ess and Professional Womens C ($117k), Georgia Extension 4-H Foundation ($117k) and PTA Texas Congress ($117k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% of the total. At year end it held assets of $5.1m against liabilities of $42k, net assets of $5.0m.