Tasis Foundation Inc

Analysis

Tasis Foundation Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in September 1968, 58 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2024, Tasis Foundation Inc reported income of $3.7m and spending of $606k, leaving 84% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $95k to $3.7m (+3837%), an average of +150% a year. The sharpest change came in the year to June 2024, when income rose by 399%. Over the whole period it spent 45% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tasis Foundation Inc 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 90th percentile, and in the 91st percentile within VA. Charities of a similar size with the same main cause include Acani ($3.7m), South East Asia Prayer Center ($3.7m) and American Australian Association Inc ($3.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. At year end it held assets of $7.0m against liabilities of $0, net assets of $7.0m.