Asian Pacific Self-Development and Residencial Association

Analysis

Asian Pacific Self-Development and Residencial Association is a registered charity in United States, based in Stockton, CA. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Self-Development and Residencial Association reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $461k to $1.4m (+210%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 104%. Over the whole period it spent 83% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asian Pacific Self-Development and Residencial Association sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Panza a Washington Nonprofit Corporation ($1.4m), Davis Community Meals ($1.4m) and Inland Empire Resource Center ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Other salaries and wages came to $886k. At year end it held assets of $749k against liabilities of $441k, net assets of $308k. It reported 25 employees.