Asian Pacific Islander Legislative Caucus Foundation

Analysis

Asian Pacific Islander Legislative Caucus Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in November 2013, 13 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, Asian Pacific Islander Legislative Caucus Foundation reported income of $697k and spending of $700k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $380k to $697k (+83%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 169%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Asian Pacific Islander Legislative Caucus Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Brenham Heritage Museum Inc ($697k), Friends of Weymouth Inc ($697k) and Bay Area Theatresports ($697k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $6,830. At year end it held assets of $633k against liabilities of $0, net assets of $633k. It reported 1 employees.