Asi Greeley Inc a Colorado Corporation

Analysis

Asi Greeley Inc a Colorado Corporation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 2008, 18 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 June 2024, Asi Greeley Inc a Colorado Corporation reported income of $151k and spending of $280k, spending 185% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $149k to $151k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 141% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asi Greeley Inc a Colorado Corporation sits at the 31st percentile: it is larger than about 31% 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 Specialized Housing VII ($151k), Ocl Properties VIII Inc ($151k) and Mercy Properties Washington ($151k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 48% of the total. Other salaries and wages came to $30k. At year end it held assets of $2.6m against liabilities of $24k, net assets of $2.6m.

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.