American Productivity & Quality Center Inc

Analysis

American Productivity & Quality Center Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 1976, 50 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2022, American Productivity & Quality Center Inc reported income of $19.7m and spending of $15.0m, leaving 24% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $16.5m to $19.7m (+20%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, American Productivity & Quality Center Inc 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 TX. Charities of a similar size with the same main cause include Step Up Suncoast Inc ($19.7m), Community Action of Eastern Iowa ($19.7m) and Hmong American Partnership ($19.6m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.7% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $4.6m (31% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $32.5m against liabilities of $6.3m, net assets of $26.1m. It reported 85 employees.