Asi Carson City Inc

Analysis

Asi Carson City Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in March 1994, 32 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 Carson City Inc reported income of $233k and spending of $254k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $233k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asi Carson City Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Metro Womens Center ($233k), No Limits Incorporated ($233k) and Mt Sinai Development Corporation ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Other salaries and wages came to $23k. At year end it held assets of $1.2m against liabilities of $25k, net assets of $1.2m.