Asia Pacific Educational Foundation

Analysis

Asia Pacific Educational Foundation is a registered charity in United States, based in Hauula, HI. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Asia Pacific Educational Foundation reported income of $3.1m and spending of $3.4m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.1m (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2020, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Asia Pacific Educational Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within HI. Charities of a similar size with the same main cause include Impact Florida Inc ($3.1m), New Jersey Center for Teaching and Learning Inc ($3.1m) and International Brotherhood of Teamsters Scholarship Fund ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $284k (8.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.6m against liabilities of $9.2m, net assets of -$2.6m. It reported 48 employees.