Ahepa 371 II Inc

Analysis

Ahepa 371 II Inc is a registered charity in United States, based in Harrison Township, MI. It received its IRS tax-exemption ruling in November 2000, 26 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 371 II Inc reported income of $577k and spending of $641k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $581k to $577k (-0.6%), an average of -0.2% a year. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 371 II Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MI. Charities of a similar size with the same main cause include Mount Olivet Day Services ($577k), Seville Farm Family Housing Association Inc ($578k) and Springfield Housing Unlimited ($577k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 59% of the total. At year end it held assets of $4.3m against liabilities of $163k, net assets of $4.2m.

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.