The Apogee Foundation

Analysis

The Apogee Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, The Apogee Foundation reported income of $64k and spending of $952, leaving 99% of income unspent that year. Over the whole period it spent 1.5% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Apogee Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include Nuestras Raices ($64k), American Legion Band of the Tonawandas Inc ($64k) and Indus Arts Council ($64k).

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 $2,913 against liabilities of $345k, net assets of -$342k.