Aphesis House Inc

Analysis

Aphesis House Inc is a registered charity in United States, based in Madison, TN. It received its IRS tax-exemption ruling in April 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Aphesis House Inc reported income of $403k and spending of $397k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $82k to $403k (+391%), an average of +49% a year. The sharpest change came in the year to December 2020, when income rose by 479%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Aphesis House Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Slow Food USA Inc ($403k), Spirit Open Equestrian Program ($403k) and Morgantown Area Meals on Wheels ($403k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $82k (21% of expenses). Other salaries and wages came to $46k. At year end it held assets of $2.4m against liabilities of $958k, net assets of $1.5m. It reported 2 employees.