Ason International Inc

Analysis

Ason International Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ason International Inc reported income of $539k and spending of $644k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $389k to $539k (+38%), an average of +8.5% a year. The sharpest change came in the year to December 2020, when income rose by 51%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ason 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 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Blacksburg Refugee Partnership Inc ($539k), Family Promise of Martin County ($539k) and Perry Childcare Initiative Inc ($538k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $130k (20% of expenses). Other salaries and wages came to $27k. At year end it held assets of $746k against liabilities of $415, net assets of $745k. It reported 2 employees.