Asi Florence Inc

Analysis

Asi Florence Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 2000, 26 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 Florence Inc reported income of $262k and spending of $180k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $117k to $262k (+125%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 59%. Over the whole period it spent 107% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asi Florence 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 58th percentile within MN. Charities of a similar size with the same main cause include Our Casas Resident Council Incorporated ($262k), Stop It Now Inc ($262k) and New Leaf Community Services ($262k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% and program service revenue 22% of the total. Other salaries and wages came to $16k. At year end it held assets of $1.1m against liabilities of $87k, net assets of $1.1m.