Asi Billings Inc

Analysis

Asi Billings 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 Billings Inc reported income of $304k and spending of $280k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $162k to $304k (+87%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asi Billings Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Friends of the Children of Venezuela Inc ($304k), Texas School for the Deaf Foundation ($304k) and St Vincent de Paul of Hilbert Inc ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 32% of the total. Other salaries and wages came to $36k. At year end it held assets of $1.1m against liabilities of $93k, net assets of $1.0m.