Ahepa 67 Inc

Analysis

Ahepa 67 Inc is a registered charity in United States, based in Webster, NY. It received its IRS tax-exemption ruling in September 1991, 35 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 67 Inc reported income of $456k and spending of $514k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $414k to $456k (+10%), an average of +2.4% a year. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 67 Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Pilgrim Place II Inc ($456k), Foundation for Neurodiverse Housing and Community Development Inc ($456k) and Neighborhoods for a Sustainable Future Inc - N4sf ($456k).

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 $1.1m against liabilities of $92k, net assets of $1.0m.

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.