Ahepa 310-X Inc

Analysis

Ahepa 310-X Inc is a registered charity in United States, based in Semmes, AL. It received its IRS tax-exemption ruling in August 2003, 23 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 310-X Inc reported income of $595k and spending of $623k, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $537k to $595k (+11%), an average of +3.5% a year. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 310-X Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 76th percentile within AL. Charities of a similar size with the same main cause include Fideicomiso Comunitario Tierra Libre ($595k), Piedmont Community Land Trust ($596k) and Ann Tubbs Housing for the Handicapped Inc ($595k).

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 $2.6m against liabilities of $67k, net assets of $2.5m.

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.