Asi Stillwater Inc

Analysis

Asi Stillwater 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 (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 Stillwater Inc reported income of $211k and spending of $265k, spending 126% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $202k to $211k (+4.7%), an average of +1.2% a year. The sharpest change came in the year to June 2021, when income rose by 49%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asi Stillwater Inc sits at the 49th percentile: it is larger than about 49% 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 Family Foundation Fund Inc ($211k), Dress for Success Hartford County Inc ($211k) and Forest Acres Inc ($211k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 51% and program service revenue 49% of the total. Other salaries and wages came to $55k. At year end it held assets of $829k against liabilities of $173k, net assets of $656k.

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.