Apex Friendship Patriots Athletic Club Inc

Analysis

Apex Friendship Patriots Athletic Club Inc is a registered charity in United States, based in Apex, NC. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Apex Friendship Patriots Athletic Club Inc reported income of $520k and spending of $417k, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $359k to $520k (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2022, when income rose by 244%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Apex Friendship Patriots Athletic Club Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within NC. Charities of a similar size with the same main cause include Cary Baseball Federation ($520k), International Chess School Inc ($520k) and Mountain House Flag Football Inc ($520k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 50% of the total. At year end it held assets of $354k against liabilities of $0, net assets of $354k.