Ahepa 78 Phase VI Inc

Analysis

Ahepa 78 Phase VI Inc is a registered charity in United States, based in Merrillville, IN. It received its IRS tax-exemption ruling in September 2007, 19 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 78 Phase VI Inc reported income of $466k and spending of $464k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $387k to $466k (+20%), an average of +6.4% 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 78 Phase VI Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include 2nd Story ($466k), Joshua a B Moore Housing Inc ($466k) and Lytton IV Housing Corporation ($466k).

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 $4.3m against liabilities of $259k, net assets of $4.0m.