Asi-Jamestown Inc

Analysis

Asi-Jamestown Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in May 1991, 35 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 December 2023, Asi-Jamestown Inc reported income of $185k and spending of $173k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $185k (+13%), an average of +3.0% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asi-Jamestown Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Las Vegas Supportive Housing Inc ($184k), Wesley at Paris Inc ($185k) and Sean Brook House Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 18% of the total. Other salaries and wages came to $32k. At year end it held assets of $408k against liabilities of $71k, net assets of $337k.