Apereo Foundation Incorporated

Analysis

Apereo Foundation Incorporated is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Apereo Foundation Incorporated reported income of $393k and spending of $407k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $751k to $393k (-48%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Apereo Foundation Incorporated 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 66th percentile, and in the 66th percentile within OR. Charities of a similar size with the same main cause include Claritas Classical Academy ($393k), Montessori System School of Black ($393k) and Colorado Agricultural Leadership Program ($393k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $83k (20% of expenses). At year end it held assets of $857k against liabilities of $158k, net assets of $700k. It reported 1 employees.