Ahepa 192 Inc

Analysis

Ahepa 192 Inc is a registered charity in United States, based in Johnston, IA. It received its IRS tax-exemption ruling in September 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 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 192 Inc reported income of $636k and spending of $642k, spending 101% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $588k to $636k (+8.2%), an average of +2.7% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahepa 192 Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within IA. Charities of a similar size with the same main cause include Bay Area Community Land Trust ($636k), Edward Dozier Sr Housing Development Fund ($637k) and Liberty Towers Incorporated of Clarion ($636k).

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 $1.8m against liabilities of $2.8m, net assets of -$1.1m.