Apprise Incorporated

Analysis

Apprise Incorporated is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Apprise Incorporated reported income of $4.2m and spending of $3.5m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.6m to $4.2m (+63%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Apprise Incorporated sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NJ. Charities of a similar size with the same main cause include Harvard Magazine Incorporated ($4.2m), Python Software Foundation ($4.2m) and Black Public Media Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $448k (13% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $2.5m against liabilities of $638k, net assets of $1.9m. It reported 41 employees.