Asi-Austin Texas Inc

Analysis

Asi-Austin Texas Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in February 1994, 32 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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-Austin Texas Inc reported income of $216k and spending of $213k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $185k to $216k (+17%), an average of +3.9% a year. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Asi-Austin Texas Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Chicago Engineers Foundation of the Union League Club ($216k), Foundation X ($216k) and Fourth Man Foundation Inc ($216k).

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 $15k. At year end it held assets of $1.0m against liabilities of $33k, net assets of $1.0m.