Ahepa 60 Inc

Analysis

Ahepa 60 Inc is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in November 2001, 25 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 60 Inc reported income of $450k and spending of $568k, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $379k to $450k (+19%), an average of +4.4% a year. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 60 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 68th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include RVM Housing Corporation ($450k), Philippian Gardens Incorporated ($450k) and Woodys Home Inc ($450k).

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 $2.6m against liabilities of $109k, net assets of $2.4m.

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.