Ahepa 110 Inc

Analysis

Ahepa 110 Inc is a registered charity in United States, based in Norwich, CT. It received its IRS tax-exemption ruling in July 1987, 39 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ahepa 110 Inc reported income of $678k and spending of $652k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $572k to $678k (+18%), an average of +4.3% a year. Over the whole period it spent 101% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 110 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 74th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include Community Housing Council of Fresno ($678k), Pioneer Place Senior Housing Inc ($678k) and White Oak Foundation Inc ($677k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 90% of the total. At year end it held assets of $1.5m against liabilities of $2.6m, net assets of -$1.1m.