Institute for Asian Pacific American Leadership & Advancement

Analysis

Institute for Asian Pacific American Leadership & Advancement is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Institute for Asian Pacific American Leadership & Advancement reported income of $460k and spending of $569k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $419k to $460k (+9.9%), an average of +2.4% a year. The sharpest change came in the year to December 2020, when income rose by 98%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Institute for Asian Pacific American Leadership & Advancement sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 42nd percentile within DC. Charities of a similar size with the same main cause include Cowley County Council on Aging Inc ($460k), New Women New Yorkers Inc ($460k) and Pearl Project Inc ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $67k (12% of expenses). Other salaries and wages came to $101k. At year end it held assets of $1.8m against liabilities of $965k, net assets of $883k.