American Property Casualty Insurance Association
American Property Casualty Insurance Association maintains strong assets despite occasional operating deficits.
EIN: 200487810 · Chicago, IL · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $82.0M |
| Total Expenses | $71.1M |
| Program Spending | 70% |
| Net Assets | $124.1M |
| Transparency Score | 75/100 |
Is American Property Casualty Insurance Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Property Casualty Insurance Association directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About American Property Casualty Insurance Association
American Property Casualty Insurance Association (EIN: 200487810) is a nonprofit organization based in Chicago, IL, classified under NTEE code S41. The organization reported total revenue of $82.0M and total assets of $181.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Property Casualty Insurance Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Property Casualty Insurance Association is a major nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70.4M |
| Total Expenses | $71.1M |
| Surplus / Deficit | $-675,494 |
| Total Assets | $172.6M |
| Total Liabilities | $48.5M |
| Net Assets | $124.1M |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 28.1% |
| Months of Reserves | 29.1 months |
Financial Health Grade: B
In 2023, American Property Casualty Insurance Association reported a deficit of $675K with expenses exceeding revenue, holds 29.1 months of operating reserves (strong position), has a debt-to-asset ratio of 28.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Property Casualty Insurance Association's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | +20.1% | +10.0% |
| 2022 | +4.2% | +3.2% | +0.6% |
| 2021 | +9.1% | +2.4% | +5.3% |
| 2020 | -6.2% | -3.4% | +4.5% |
| 2019 | +31.0% | +32.7% | +16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Property Casualty Insurance Association with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, American Property Casualty Insurance Association allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $675K, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, suggesting that direct officer compensation is either not paid or is categorized differently within the organization's financial statements, making it difficult to assess relative to organizational size without further detail.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American Property Casualty Insurance Association's IRS 990 filings:
- Occasional operating deficits, such as in 202312 where expenses ($71,091,760) exceeded revenue ($70,416,266).
Strengths
The following positive indicators were identified for American Property Casualty Insurance Association:
- Consistent growth in assets, from $108,545,899 in 201412 to $172,600,156 in 202312, indicating strong financial health.
- No reported officer compensation, suggesting high transparency in this specific area.
- Stable revenue generation, with latest revenue at $70,416,266, supporting significant operational scale.
Frequently Asked Questions about American Property Casualty Insurance Association
Is American Property Casualty Insurance Association a legitimate charity?
American Property Casualty Insurance Association (EIN: 200487810) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $82.0M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does American Property Casualty Insurance Association spend its money?
American Property Casualty Insurance Association directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to American Property Casualty Insurance Association tax-deductible?
American Property Casualty Insurance Association is registered as a tax-exempt nonprofit (EIN: 200487810). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Property Casualty Insurance Association's spending goes to programs?
American Property Casualty Insurance Association directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does American Property Casualty Insurance Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), American Property Casualty Insurance Association is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Property Casualty Insurance Association located?
American Property Casualty Insurance Association is headquartered in Chicago, Illinois and files with the IRS under EIN 200487810. It is classified under NTEE code S41.
How many years of IRS 990 filings does American Property Casualty Insurance Association have?
American Property Casualty Insurance Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $82.0M in total revenue.
How does APCIA fund its operations given occasional operating deficits?
APCIA primarily funds its operations through member dues and other revenue streams. While some periods show a slight operating deficit, the organization has a substantial and growing asset base (e.g., $172,600,156 in 202312), which provides financial stability and can cover short-term deficits.
What is the trend in APCIA's net assets over time?
APCIA's net assets have shown a consistent upward trend, growing from $108,545,899 in 201412 to $172,600,156 in 202312, indicating strong financial growth and accumulation of reserves.
Is the 0% officer compensation accurate, and what does it imply?
The reported 0% officer compensation across all filings suggests that either no direct compensation is paid to officers, or it is reported under other expense categories. This implies a high degree of transparency regarding direct officer salaries, but further detail would be needed to understand total executive remuneration.
Filing History
IRS 990 filing history for American Property Casualty Insurance Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Property Casualty Insurance Association's revenue has grown by 93.1%, moving from $36.5M to $70.4M. Total assets increased by 105.2% over the same period, from $84.1M to $172.6M. Total functional expenses rose by 120.4%, from $32.3M to $71.1M. In its most recent filing year (2023), American Property Casualty Insurance Association reported a deficit of $675K, with expenses exceeding revenue. The organization holds $48.5M in liabilities against $172.6M in assets (debt-to-asset ratio: 28.1%), resulting in net assets of $124.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70.4M | $71.1M | $172.6M | $48.5M | — | — |
| 2022 | $62.1M | $59.2M | $157.0M | $46.2M | — | View 990 |
| 2021 | $59.5M | $57.3M | $156.0M | $34.3M | — | View 990 |
| 2020 | $54.6M | $56.0M | $148.2M | $36.6M | — | View 990 |
| 2019 | $58.2M | $58.0M | $141.8M | $36.3M | — | — |
| 2018 | $44.4M | $43.7M | $122.0M | $24.7M | — | View 990 |
| 2017 | $53.5M | $41.0M | $126.9M | $25.5M | — | View 990 |
| 2016 | $42.6M | $38.8M | $117.2M | $26.0M | — | View 990 |
| 2015 | $42.2M | $39.1M | $107.0M | $26.3M | — | View 990 |
| 2014 | $41.9M | $35.9M | $108.5M | $26.5M | — | View 990 |
| 2013 | $39.3M | $35.5M | $102.7M | $22.8M | — | View 990 |
| 2012 | $40.3M | $32.6M | $94.3M | $23.8M | — | View 990 |
| 2011 | $36.5M | $32.3M | $84.1M | $21.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $70.4M, expenses of $71.1M, and assets of $172.6M (revenue +13.4% year-over-year).
- 2022: Revenue of $62.1M, expenses of $59.2M, and assets of $157.0M (revenue +4.2% year-over-year).
- 2021: Revenue of $59.5M, expenses of $57.3M, and assets of $156.0M (revenue +9.1% year-over-year).
- 2020: Revenue of $54.6M, expenses of $56.0M, and assets of $148.2M (revenue -6.2% year-over-year).
- 2019: Revenue of $58.2M, expenses of $58.0M, and assets of $141.8M (revenue +31.0% year-over-year).
- 2018: Revenue of $44.4M, expenses of $43.7M, and assets of $122.0M (revenue -17.0% year-over-year).
- 2017: Revenue of $53.5M, expenses of $41.0M, and assets of $126.9M (revenue +25.6% year-over-year).
- 2016: Revenue of $42.6M, expenses of $38.8M, and assets of $117.2M (revenue +0.8% year-over-year).
- 2015: Revenue of $42.2M, expenses of $39.1M, and assets of $107.0M (revenue +0.8% year-over-year).
- 2014: Revenue of $41.9M, expenses of $35.9M, and assets of $108.5M (revenue +6.6% year-over-year).
- 2013: Revenue of $39.3M, expenses of $35.5M, and assets of $102.7M (revenue -2.4% year-over-year).
- 2012: Revenue of $40.3M, expenses of $32.6M, and assets of $94.3M (revenue +10.4% year-over-year).
- 2011: Revenue of $36.5M, expenses of $32.3M, and assets of $84.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Property Casualty Insurance Association:
Data Sources and Methodology
This transparency report for American Property Casualty Insurance Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.