Asi-Burnsville Inc

Analysis

Asi-Burnsville Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in October 1993, 33 years ago. 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-Burnsville Inc reported income of $249k and spending of $266k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $249k (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 119% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Asi-Burnsville Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Little League Baseball Inc ($249k), Redhawk Indian Arts Council Inc ($249k) and Dunkirk Humane Society Inc ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 36% of the total. Other salaries and wages came to $31k. At year end it held assets of $813k against liabilities of $143k, net assets of $670k.

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.