Ahead Inc

Analysis

Ahead Inc is a registered charity in United States, based in Ottumwa, IA. It received its IRS tax-exemption ruling in December 1995, 31 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ahead Inc reported income of $526k and spending of $184k, leaving 65% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $286k to $526k (+84%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 25% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ahead Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within IA. Charities of a similar size with the same main cause include NJ Hand Inc ($526k), Ecumenical Community III ($527k) and Casa Mia Senior Apartments Inc ($526k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 4.2% of the total. At year end it held assets of $3.0m against liabilities of $12k, net assets of $3.0m.