A P Y C Inc Endowment Trust

Analysis

A P Y C Inc Endowment Trust is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, A P Y C Inc Endowment Trust reported income of $190k and spending of $262k, spending 138% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $197k to $190k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 162% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, A P Y C Inc Endowment Trust sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 47th percentile within DE. Charities of a similar size with the same main cause include Led2serve Inc ($190k), Outpost in the Burbs ($190k) and Mba Challenge for Charity ($190k).

Compensation of current officers, directors and key employees was $24k (9.3% of expenses). At year end it held assets of $6.0m against liabilities of $0, net assets of $6.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.