Asian American Professional Association

Analysis

Asian American Professional Association is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. 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, Asian American Professional Association reported income of $301k and spending of $199k, leaving 34% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $213k to $301k (+41%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Asian American Professional Association sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Lions in Sight of California and Nevada ($301k), PTA California Congress of Parents Teachers & Students Inc ($301k) and Oglebay Park-Oglebay Institute Trust ($301k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $96k (48% of expenses). At year end it held assets of $328k against liabilities of $8,293, net assets of $320k. It reported 1 employees.