National Asian Pacific Center on Aging-Napca

Analysis

National Asian Pacific Center on Aging-Napca is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in December 1982, 44 years ago. 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, National Asian Pacific Center on Aging-Napca reported income of $20.4m and spending of $20.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $23.5m to $20.4m (-13%), an average of -3.5% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Asian Pacific Center on Aging-Napca sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within WA. Charities of a similar size with the same main cause include Lincoln School ($20.4m), Nysarc Inc ($20.4m) and National University of Health Sciences ($20.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $570k (2.8% of expenses). Other salaries and wages came to $14.2m. At year end it held assets of $2.8m against liabilities of $2.0m, net assets of $880k. It reported 1,015 employees.