Asi-Austin Inc

Analysis

Asi-Austin Inc is a registered charity in United States, based in Saint 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 June 2024, Asi-Austin Inc reported income of $207k and spending of $237k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $146k to $207k (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Asi-Austin Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Justice Housing Yakima ($207k), Habitat for Humanity International Inc ($207k) and Hispanic Chamber of Commerce of Wisconsin Inc ($207k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $34k. At year end it held assets of $744k against liabilities of $151k, net assets of $593k.