Tassel Inc

Analysis

Tassel Inc is a registered charity in United States, based in Manhattan BCH, CA. It received its IRS tax-exemption ruling in November 2012, 14 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tassel Inc reported income of $722k and spending of $620k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $459k to $722k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 92% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tassel Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include First Things Foundation Inc ($721k), Rebecca Bender Initiative ($722k) and Antigua International Education Foundation Inc ($720k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $361k against liabilities of $0, net assets of $361k.