Project Apis M 2 0 Inc

Analysis

Project Apis M 2 0 Inc is a registered charity in United States, based in Jamestown, ND. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Project Apis M 2 0 Inc reported income of $509k and spending of $463k, spending 91% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $250k to $509k (+104%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Project Apis M 2 0 Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within ND. Charities of a similar size with the same main cause include Cat Angels Pet Adoptions Inc ($509k), Golden Rescue South Florida Inc ($509k) and Hand2paw Foundation ($509k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $10k (2.2% of expenses). Other salaries and wages came to $94k. At year end it held assets of $311k against liabilities of $6,970, net assets of $304k. It reported 3 employees.