Asi Hennepin County Inc

Analysis

Asi Hennepin County Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Asi Hennepin County Inc reported income of $51k and spending of $54k, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $38k to $51k (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2021, when income rose by 83%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asi Hennepin County Inc sits at the 11th percentile: it is larger than about 11% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include Ellis Street Inc ($51k), Social Justice Action Center ($51k) and Tovah ($51k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 25% of the total. Other salaries and wages came to $5,794. At year end it held assets of $179k against liabilities of $27k, net assets of $152k.

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.