Grasp International Incorporated

Analysis

Grasp International Incorporated is a registered charity in United States, based in Arabi, GA. It received its IRS tax-exemption ruling in July 2016, 10 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, Grasp International Incorporated reported income of $928k and spending of $977k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $576k to $928k (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 586%. Over the whole period it spent 84% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Grasp International Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within GA. Charities of a similar size with the same main cause include Girl Security ($927k), Columbus Council on World Affairs ($928k) and Women Cross DMZ ($927k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.