Ahepa 35 Inc

Analysis

Ahepa 35 Inc is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in December 2006, 20 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 35 Inc reported income of $491k and spending of $589k, spending 120% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $435k to $491k (+13%), an average of +4.2% a year. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 35 Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within NH. Charities of a similar size with the same main cause include Rose Hill Manor Corporation ($491k), Allegre Point Senior Residences Inc ($491k) and Tysons Community Development Inc ($491k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $4.2m against liabilities of $598k, net assets of $3.6m.

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.