Asian Pacific American Institute for Congressional Studies Inc

Analysis

Asian Pacific American Institute for Congressional Studies Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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 American Institute for Congressional Studies Inc reported income of $4.5m and spending of $3.2m, leaving 28% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $1.2m to $4.5m (+271%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 72% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Asian Pacific American Institute for Congressional Studies Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 79th percentile within DC. Charities of a similar size with the same main cause include Constitutional Accountability Center ($4.5m), Girard Manor Inc ($4.5m) and Empowerment Program Inc ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 118% of the total. Compensation of current officers, directors and key employees was $252k (7.8% of expenses). Other salaries and wages came to $705k. At year end it held assets of $7.5m against liabilities of $2.0m, net assets of $5.6m. It reported 17 employees.