Asi Bledsoe Inc

Analysis

Asi Bledsoe Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, Asi Bledsoe Inc reported income of $152k and spending of $271k, spending 178% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $150k to $152k (+1.1%), an average of +0.3% a year. Over the whole period it spent 164% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asi Bledsoe Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within MN. Charities of a similar size with the same main cause include Ovid Area Nonprofit Housing Association Inc ($152k), Whitley Place Inc Friendship Services Inc ($152k) and Ashas House ($152k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $33k. At year end it held assets of $2.9m against liabilities of $82k, net assets of $2.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.