Applied Epi Incorporated

Analysis

Applied Epi Incorporated is a registered charity in United States, based in Severn, MD. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Applied Epi Incorporated reported income of $927k and spending of $452k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $413k to $927k (+124%), an average of +124% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 51% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Applied Epi Incorporated sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within MD. Charities of a similar size with the same main cause include South Florida Guardianship Program Inc ($927k), Kafika House Inc ($927k) and Above & Beyond Cancer Inc ($926k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $70k (16% of expenses). At year end it held assets of $814k against liabilities of $130k, net assets of $684k. It reported 1 employees.