Ahepa 250 Inc

Analysis

Ahepa 250 Inc is a registered charity in United States, based in Niantic, CT. It received its IRS tax-exemption ruling in February 1993, 33 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 250 Inc reported income of $687k and spending of $666k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $628k to $687k (+9.5%), an average of +2.3% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 250 Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include Chilpancingo Vista Inc ($687k), Green Meadow Homes Inc ($687k) and California Community Builders Inc ($687k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.6m against liabilities of $2.4m, net assets of -$827k.