Air Serv International Inc

Analysis

Air Serv International Inc is a registered charity in United States, based in Remington, VA. It received its IRS tax-exemption ruling in April 1985, 41 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Air Serv International Inc reported income of $798k and spending of $2.2m, spending 281% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $798k (-58%), an average of -19% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 111% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Air Serv International Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Leap Global Missions ($798k), 3rd Person Inc ($799k) and Alliance for Smiles International Inc ($796k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 83% of the total. Compensation of current officers, directors and key employees was $128k (5.7% of expenses). Other salaries and wages came to $263k. At year end it held assets of $5.8m against liabilities of $326k, net assets of $5.5m. It reported 6 employees.