Professional Asian Pilots Association

Analysis

Professional Asian Pilots Association is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in December 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Professional Asian Pilots Association reported income of $986k and spending of $760k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $348k to $986k (+184%), an average of +68% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 61% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Professional Asian Pilots 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 79th percentile, and in the 81st percentile within NV. Charities of a similar size with the same main cause include Yakima Rotary Charities ($986k), Saras Mentoring Center Inc ($987k) and Goodwill-Easter Seals Foundation Inc ($986k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $807k against liabilities of $59, net assets of $806k.