Ahepa 156 Inc

Analysis

Ahepa 156 Inc is a registered charity in United States, based in Canonsburg, PA. It received its IRS tax-exemption ruling in June 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 (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 156 Inc reported income of $411k and spending of $512k, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $346k to $411k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2020, when income rose by 17%. Over the whole period it spent 120% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 156 Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within PA. Charities of a similar size with the same main cause include Mother Theodore Corporation III ($411k), Cypress West Housing Development Fund Corporation ($411k) and Over the Rainbow Arboretum West Apartments ($411k).

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 $50k, 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.