Apci Foundation for Education & Research Inc

Analysis

Apci Foundation for Education & Research Inc is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in January 2000, 26 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, Apci Foundation for Education & Research Inc reported income of $159k and spending of $94k, leaving 41% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $141k to $159k (+13%), an average of +13% a year. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Apci Foundation for Education & Research Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 48th percentile within KY. Charities of a similar size with the same main cause include Loex ($159k), Oak Trails School Inc ($159k) and Tuskegee Airmen Scholarship Foundation ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 23% of the total. At year end it held assets of $269k against liabilities of $673, net assets of $269k.