Asi Community Inc

Analysis

Asi Community Inc is a registered charity in United States, based in Bellaire, MI. It received its IRS tax-exemption ruling in August 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Asi Community Inc reported income of $81k and spending of $86k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $62k to $81k (+31%), an average of +6.9% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asi Community Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Napa Valley Cando ($81k), Veterans K9 Solutions Inc ($81k) and Economic Stimulus Projects for Work and Action ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $379k against liabilities of $0, net assets of $379k.