Ahepa 232 Phase II Inc

Analysis

Ahepa 232 Phase II Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 1986, 40 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 Phase II Inc reported income of $556k and spending of $579k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $513k to $556k (+8.4%), an average of +2.0% 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 Phase II Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Kahala Nui Senior Living Foundation ($556k), Community Ventures Inc ($556k) and Chattahoochee Fuller Center Projectinc ($555k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $1.8m against liabilities of $2.3m, net assets of -$511k.