Aps Type 1 Foundation

Analysis

Aps Type 1 Foundation is a registered charity in United States, based in Stony Brook, NY. It received its IRS tax-exemption ruling in March 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Aps Type 1 Foundation reported income of $134k and spending of $133k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $134k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aps Type 1 Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Richardton Healthcare Foundation ($134k), St Tammany Hospital Guild Inc ($134k) and The Central Chapter of the Society of Nuclear Medicine ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $297k against liabilities of $0, net assets of $297k.