Apano Communities United Fund

Analysis

Apano Communities United Fund is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in October 2010, 16 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 June 2023, Apano Communities United Fund reported income of $6.3m and spending of $4.4m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $6.3m (+134%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 56%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apano Communities United Fund sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Mount Carmel Guild Education ($6.3m), El Buen Samaritano Episcopal Mission ($6.3m) and Challenger Center for Space Science Education ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $328k (7.5% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $8.3m against liabilities of $2.1m, net assets of $6.2m. It reported 47 employees.