Ahepa 39 Inc

Analysis

Ahepa 39 Inc is a registered charity in United States, based in Haverhill, MA. It received its IRS tax-exemption ruling in July 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 39 Inc reported income of $510k and spending of $556k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $463k to $510k (+10%), an average of +2.5% a year. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 39 Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MA. Charities of a similar size with the same main cause include Wildwood Manor ($510k), Ahepa 501-11 Inc ($510k) and Evangeline Booth Residence Inc ($510k).

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 $2.3m against liabilities of $86k, net assets of $2.2m.

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.