Apics Supply Chain Council Inc

Analysis

Apics Supply Chain Council Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 1967, 59 years ago. 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, Apics Supply Chain Council Inc reported income of $407k and spending of $214k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $446k to $407k (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 121% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apics Supply Chain Council Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IL. Charities of a similar size with the same main cause include Cyt Colorado Springs ($407k), Sarva Dharma Service Center Inc ($407k) and American Chemical Society ($407k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $25k. At year end it held assets of $150k against liabilities of $3.3m, net assets of -$3.2m.