Ahepa 118 Inc

Analysis

Ahepa 118 Inc is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in April 2002, 24 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 118 Inc reported income of $580k and spending of $630k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $501k to $580k (+16%), an average of +3.7% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 118 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 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include S O a T Inc ($580k), Eden Manor Nonprofit Housing Corporation ($580k) and 1060 Belmont Inc ($579k).

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 $2.4m against liabilities of $103k, net assets of $2.3m.

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.