Arsag International Inc

Analysis

Arsag International Inc is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in February 2010, 16 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Arsag International Inc reported income of $469k and spending of $428k, spending 91% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $482k to $469k (-2.8%), an average of -0.9% a year. The sharpest change came in the year to December 2022, when income rose by 339%. Over the whole period it spent 105% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Arsag International Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include The Downtown Shareholders of Kansas City Kansas Inc ($468k), Clayton Community Foundation ($469k) and Worker Justice Wisconsin ($468k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $189k against liabilities of $1,653, net assets of $188k.