Apparent Project

Analysis

Apparent Project is a registered charity in United States, based in Lacey, WA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 December 2023, Apparent Project reported income of $364k and spending of $406k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $347k to $364k (+5.0%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 83%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Apparent Project sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within WA. Charities of a similar size with the same main cause include N2n Unlimited ($364k), Christian East African & Equatorial Development Trust ($365k) and Foundation for Mauritanian Relief and Development ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $10k (2.6% of expenses). Other salaries and wages came to $57k. At year end it held assets of $17k against liabilities of $9,845, net assets of $7,048. It reported 5 employees.