Asi Las Vegas Inc

Analysis

Asi Las Vegas Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in January 1993, 33 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 (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 Las Vegas Inc reported income of $231k and spending of $349k, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $198k to $231k (+17%), an average of +3.9% a year. 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 Las Vegas Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Advocates Co-Ops Corporation ($231k), Nba Disciples Housing of Goldsboro North Carolina Inc ($231k) and Spartanburg Area Housing Corporation ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. Other salaries and wages came to $52k. At year end it held assets of $739k against liabilities of $86k, net assets of $653k.

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.