Asi Grand Forks Inc

Analysis

Asi Grand Forks 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 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 June 2024, Asi Grand Forks Inc reported income of $115k and spending of $156k, spending 136% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $119k to $115k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to June 2024, when income dropped by 18%. Over the whole period it spent 118% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asi Grand Forks 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 41st percentile, and in the 38th percentile within MN. Charities of a similar size with the same main cause include Middletown Senior Citizens Assn ($115k), Pathway of Hope ($115k) and Washington Farm Bureau Legal Foundation ($115k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $19k. At year end it held assets of $1.2m against liabilities of $21k, net assets of $1.2m.

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.