Nhhi-Asi Bloomington Inc

Analysis

Nhhi-Asi Bloomington Inc is a registered charity in United States, based in New Brighton, MN. It received its IRS tax-exemption ruling in October 2000, 26 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 September 2023, Nhhi-Asi Bloomington Inc reported income of $226k and spending of $295k, spending 131% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $180k to $226k (+25%), an average of +5.8% a year. Over the whole period it spent 141% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nhhi-Asi Bloomington Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Life Has No Boundaries Co ($225k), Northside Mennonite Child Care Center Inc ($226k) and Ezrat Chaim Inc ($225k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Other salaries and wages came to $44k. At year end it held assets of $1.4m against liabilities of $317k, net assets of $1.1m.

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.