Appna Institute of Innovation and Research

Analysis

Appna Institute of Innovation and Research is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Appna Institute of Innovation and Research reported income of $52k and spending of $0, leaving 100% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $176k to $52k (-70%), an average of -46% a year. The sharpest change came in the year to December 2023, when income dropped by 81%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Appna Institute of Innovation and Research sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Japan House LA Foundation ($52k), Thomas Jefferson Gardens of Greene County ($52k) and Bigger Picture Film Group Inc ($52k).

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 $53k against liabilities of $0, net assets of $53k.