Tasai Inc

Analysis

Tasai Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in May 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tasai Inc reported income of $437k and spending of $790k, spending 181% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $120k to $437k (+265%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 415%. Over the whole period it spent 87% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tasai Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Quechua Benefit ($437k), Door of Hope ($437k) and Compassion Connection ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $100k (13% of expenses). At year end it held assets of $601k against liabilities of $73k, net assets of $528k. It reported 1 employees.