Friends of Apie Inc

Analysis

Friends of Apie Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in March 2016, 10 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, Friends of Apie Inc reported income of $87k and spending of $92k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $96k to $87k (-9.2%), an average of -9.2% a year. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Apie Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Abinooji Aki Inc ($87k), FCPS Foundation ($87k) and Nasiha Community Center Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $7,045 against liabilities of $0, net assets of $7,045.