Asian American-Pacific Islanders in Philanthropy

Analysis

Asian American-Pacific Islanders in Philanthropy is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Asian American-Pacific Islanders in Philanthropy reported income of $2.2m and spending of $4.0m, spending 186% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.6m to $2.2m (-16%), an average of -5.6% a year. The sharpest change came in the year to June 2021, when income rose by 222%. Over the whole period it spent 70% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Asian American-Pacific Islanders in Philanthropy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Community Shares of Colorado Inc ($2.2m), Slingshot Memphis Inc ($2.2m) and Sweet Dream Makers Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $256k (6.4% of expenses). Other salaries and wages came to $388k. At year end it held assets of $6.5m against liabilities of $252k, net assets of $6.3m. It reported 14 employees.