Ahepa 232 Inc

Analysis

Ahepa 232 Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 1984, 42 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 232 Inc reported income of $764k and spending of $843k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $736k to $764k (+3.9%), an average of +1.0% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 232 Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include THC Affordable Housing Inc ($764k), Holy Family Home and Shelter Inc ($764k) and Fair Housing Council of Northern New Jersey ($764k).

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 $2.9m, net assets of $1.5m.