Asian-Pacific American Heritage Association

Analysis

Asian-Pacific American Heritage Association is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in April 1993, 33 years ago. 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 Heritage Association reported income of $104k and spending of $99k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $172k to $104k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Asian-Pacific American Heritage Association sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Davis Madrigals Inc ($104k), Conscious Planet Inc ($104k) and Horses of Hope-Caballos de Esperanza Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $241k against liabilities of $0, net assets of $241k.