Amhe Incorporated

Analysis

Amhe Incorporated is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1993, 33 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Amhe Incorporated reported income of $866k and spending of $810k, spending 94% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $695k to $866k (+25%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Amhe Incorporated sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Kensington Montessori Schools of California ($866k), Musicians United to Serve the Youth of Charlottesville ($866k) and Port Townsend School of Woodworking ($866k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $42k (5.2% of expenses). At year end it held assets of $413k against liabilities of $877, net assets of $412k. It reported 2 employees.