Ahepa 371 Inc

Analysis

Ahepa 371 Inc is a registered charity in United States, based in Harrison Township, MI. It received its IRS tax-exemption ruling in May 1989, 37 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Ahepa 371 Inc reported income of $162k and spending of $277k, spending 171% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $406k to $162k (-60%), an average of -60% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 64% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 371 Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Vets Advocacy Inc ($162k), Lewis-Toran Retirement Community Inc ($162k) and Wasmver Development Corp ($162k).

On its Form 990 for the period ending December 2020, revenue came from program service revenue 8.2% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.