Asi Roseville Inc

Analysis

Asi Roseville Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in September 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Asi Roseville Inc reported income of $284k and spending of $296k, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $204k to $284k (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asi Roseville Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within MN. Charities of a similar size with the same main cause include Disciples Housing of New Albany Indiana Inc ($284k), First Community Ame Housing Inc ($284k) and Washtenaw Housing Alliance ($284k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 28% of the total. Other salaries and wages came to $15k. At year end it held assets of $1.5m against liabilities of $397k, 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.