Asi Boise Inc

Analysis

Asi Boise Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Boise Inc reported income of $190k and spending of $236k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $150k to $190k (+26%), an average of +6.0% a year. Over the whole period it spent 129% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asi Boise Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within MN. Charities of a similar size with the same main cause include Joy Senior Apartments Inc ($190k), Kane Homes Association ($190k) and Yaqeen Welfare Foundation ($190k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Other salaries and wages came to $20k. At year end it held assets of $977k against liabilities of $70k, net assets of $907k.

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.