Asm International

Analysis

Asm International is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in August 1941, 85 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Asm International reported income of $57k and spending of $48k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $57k (+8.1%), an average of +8.1% a year. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Asm International sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within MI. Charities of a similar size with the same main cause include Auburn Area Community Theatre ($57k), American Armenian Rose Float Association Inc ($57k) and India Association of Long Island Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 23% of the total. At year end it held assets of $174k against liabilities of $993, net assets of $173k.