Asi Capitola Inc

Analysis

Asi Capitola 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 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 December 2023, Asi Capitola Inc reported income of $476k and spending of $461k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $476k (+64%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 116% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Asi Capitola Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Latino Entrepreneurial Network Ofsoutheastern Wisconsin Incorporated ($476k), Contra Costa Public Works Early Childhood Center ($476k) and Road to Hope ($476k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 20% of the total. Other salaries and wages came to $75k. At year end it held assets of $2.7m against liabilities of $253k, net assets of $2.4m.