Asi Davis Inc

Analysis

Asi Davis Inc is a registered charity in United States, based in St Paul, MN. It received its IRS tax-exemption ruling in May 1997, 29 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 Davis Inc reported income of $208k and spending of $283k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $208k (+3.6%), an average of +0.9% a year. Over the whole period it spent 123% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Asi Davis Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include SNHS Elderly Housing VI Inc ($208k), Gentry House Inc ($209k) and Community Housing Association of Dodge City Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. Other salaries and wages came to $56k. At year end it held assets of $1.0m against liabilities of $113k, net assets of $930k.

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.