American Pancreatic Association

Analysis

American Pancreatic Association is a registered charity in United States, based in Cooper City, FL. It received its IRS tax-exemption ruling in March 1994, 32 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, American Pancreatic Association reported income of $1.3m and spending of $1.0m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.3m (-31%), an average of -8.9% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Pancreatic Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within FL. Charities of a similar size with the same main cause include Peninsula Youth Theatre ($1.3m), Big Brothers Big Sisters of Northwest Florida Inc ($1.3m) and Council of Independent Nebraska Colleges Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 58% of the total. At year end it held assets of $6.7m against liabilities of $385k, net assets of $6.3m.