Ahepa 29 Phase IV Inc

Analysis

Ahepa 29 Phase IV Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2005, 21 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 2023, Ahepa 29 Phase IV Inc reported income of $866k and spending of $913k, spending 105% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $791k to $866k (+9.4%), an average of +3.0% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 29 Phase IV Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Madison Countians Allied Against Poverty Inc ($865k), Rose of Sharon7 ($866k) and Moreno Valley Senior Housing Inc ($864k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 87% of the total. At year end it held assets of $4.4m against liabilities of $119k, net assets of $4.3m.

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.