Asi Minot Inc

Analysis

Asi Minot Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in January 1995, 31 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 Minot Inc reported income of $186k and spending of $217k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $188k to $186k (-1.2%), an average of -0.3% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asi Minot 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 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include San Bernardino Police Foundation ($186k), Mercy for Life Corp ($186k) and Farm to Family Fund ($186k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $30k. At year end it held assets of $901k against liabilities of $38k, net assets of $863k.