Appa-Association of Higher Education Facilities Officers

Analysis

Appa-Association of Higher Education Facilities Officers is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in March 1977, 49 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 March 2024, Appa-Association of Higher Education Facilities Officers reported income of $4.5m and spending of $4.8m, spending 106% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $6.2m to $4.5m (-28%), an average of -7.7% a year. The sharpest change came in the year to March 2021, when income dropped by 45%. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Appa-Association of Higher Education Facilities Officers sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within VA. Charities of a similar size with the same main cause include Step Forward Activity Center Inc ($4.5m), Rotary Club of Eagle Grove Home Inc ($4.5m) and Hedco Inc ($4.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 1.3% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $427k (8.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.4m against liabilities of $3.0m, net assets of $1.4m. It reported 12 employees.