Asse International Inc

Analysis

Asse International Inc is a registered charity in United States, based in Laguna Beach, CA. It received its IRS tax-exemption ruling in April 1976, 50 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 August 2022, Asse International Inc reported income of $17.4m and spending of $17.0m, spending 97% of its income. Across the 4 years on record, from August 2019 to August 2022, income grew from $15.3m to $17.4m (+14%), an average of +4.5% a year. The sharpest change came in the year to August 2022, when income rose 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, Asse International Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Afs Intercultural Programs Inc ($17.4m), Living Goods ($17.5m) and The Global Development Incubator Inc ($17.0m).

On its Form 990 for the period ending August 2022, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.1m (6.7% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $15.4m against liabilities of $6.9m, net assets of $8.5m. It reported 40 employees.