Asian Pacific American Community Center

Analysis

Asian Pacific American Community Center is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2000, 26 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 (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 Pacific American Community Center reported income of $1.1m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $274k to $1.1m (+311%), an average of +42% a year. The sharpest change came in the year to June 2020, when income rose by 61%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Asian Pacific American Community Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include New Jerusalem Community Development Corporation ($1.1m), Dinomights ($1.1m) and Community Improvement Corporation of Springfield & Clark County Ohio ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $160k (15% of expenses). Other salaries and wages came to $584k. At year end it held assets of $539k against liabilities of $34k, net assets of $505k. It reported 19 employees.