Asi Rochester Inc

Analysis

Asi Rochester Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in August 2003, 23 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 Rochester Inc reported income of $120k and spending of $181k, spending 151% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $126k to $120k (-4.4%), an average of -1.1% a year. The sharpest change came in the year to June 2024, when income dropped by 23%. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asi Rochester Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include Pos Port of Support & Pathwayz to Success ($120k), Fosters Solutions ($120k) and Mi Just Cause ($120k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 35% of the total. Other salaries and wages came to $27k. At year end it held assets of $1.1m against liabilities of $300k, net assets of $777k.

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.