Asi Helena Inc

Analysis

Asi Helena Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in April 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 December 2023, Asi Helena Inc reported income of $184k and spending of $216k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $184k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asi Helena Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Waterford Homes for Elderly Inc ($184k), Rdoor Housing Corporation ($184k) and Wisconsin Good Samaritan Housing Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. Other salaries and wages came to $30k. At year end it held assets of $1.0m against liabilities of $42k, net assets of $990k.

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.