Asi Redruth Inc

Analysis

Asi Redruth Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in May 1999, 27 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 December 2023, Asi Redruth Inc reported income of $256k and spending of $286k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $260k to $256k (-1.3%), an average of -0.3% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asi Redruth Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Hope House of McAlester Inc ($256k), Freedom House Inc ($256k) and Urban Health Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $30k. At year end it held assets of $600k against liabilities of $916k, net assets of -$316k.