Into Abbas Arms Foundation

Analysis

Into Abbas Arms Foundation is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in March 2000, 26 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, Into Abbas Arms Foundation reported income of $233k and spending of $331k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $486k to $233k (-52%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 53%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Into Abbas Arms Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include International Missionary Fellowship Inc ($233k), Building Believers in Christ ($233k) and Gospel Systems ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $44k. At year end it held assets of $399k against liabilities of $1,295, net assets of $398k. It reported 2 employees.